Trading with decimal quantities possible on ProOrder Live!

Forums › ProRealTime English forum › ProOrder support › Trading with decimal quantities possible on ProOrder Live!

Viewing 15 posts - 1 through 15 (of 52 total)
1 2 3 4
  • 07/04/2017 at 5:00 PM #39808
    Nicolas

    As the title indicates, it is now possible, following an update of today, to have quantities of lots / contracts / shares with decimals!

    Thus, we can now buy 1.25 contracts on the DAX for example:

    The accuracy is 2 decimal places, and there is a minimum amount defined by IG per instrument (visible in the quantity selector in manual trading).

    The calculation of market exposure will now be much more precise, it seemed important to point out! This is very important information 🙂 Do not hesitate for any questions!

    Total of 11 users thanked author for this post. Here are last 10 listed.
    avatar AutoStrategist, avatar victormork, avatar Francesco78, avatar Reddi, avatar dajvop, avatar tob107, avatar Despair, avatar Andyswede, avatar robertogozzi, avatar TheAccountant
    07/10/2017 at 6:41 PM #40285
    tob107

    Thanks! But it is not possible during back-testing?

    07/10/2017 at 8:03 PM #40292
    Nicolas

    It should work also with backtesting, why this question? Did you encounter a problem?

    07/11/2017 at 8:19 AM #40317
    tob107

    Yes, I actually tried it yesterday before I read this, but I guess I messed up the code. It worked perfectly today!

    07/14/2017 at 1:55 PM #40646
    verdi55

    I called IG today and asked for some details.

    In the DAX, for example,  minimum size is still 1 mini contract.

    However, it is now possible to buy 1.25 contracts, as Nicolas pointed out.

    The position size in fractions of a contract has to be coded with exactly 2 decimals (or less), otherwise the order will be rejected by IG.

    If your code calculates position size by some other algorithm (from the previous strategy profit, for example), you have to make sure that the position size turned over to IG has only 2 decimals.

    For example, the following code ensures that you will have only 2 decimals maximum for the position size :

     

    n = 1 + (strategyprofit / 145)

    n = round(n * 100)

    n = n / 100

    buy n contracts at market

     

    This will avoid to say “buy 1.35768 contracts at market”, but will instead send “buy 1.36 contracts at market” to IG, which will be OK.

     

    4 users thanked author for this post.
    avatar Leo, avatar dajvop, avatar Despair, avatar Nicolas
    07/27/2017 at 10:32 AM #41779
    JohnMBradford

    Thank you, that’s very helpful.

    Two questions –

    1. How do I get the new code, I can’t see how to update.
    2. When I have an instrument autotrading according to a trading system, I may want to change a parameter in the system or the code itself (as here, with the decimals amendment), but I can’t find a way to do that without the laborious process of deleting the system from AutoTrading, then adding back after making the alteration to the system. Is it possible to amend the system without needing to do that?  If you’ve got lots of instruments trading, it takes a lot of time changing them all.
    07/27/2017 at 11:40 AM #41792
    Nicolas
    1. You have nothing to do, except change yourself all your strategies codes 🙂
    2. Once a strategy had been launched, there is no other way than stop it, change its code and relaunch it. Codes must be compiled before their launch on market/execution server, that’s why you can’t change them.
    07/27/2017 at 2:19 PM #41810
    JohnMBradford

    OK, thank you that’s clear.

    Yes the code works, when I backtest I get position sizes to 2 decimal places, but when I dummy trade position sizes are whole numbers (1 or 10 so far today)?

    07/27/2017 at 2:46 PM #41817
    Nicolas

    You mean manual trading?

    07/27/2017 at 2:56 PM #41818
    JohnMBradford

    No, sorry, I mean when I’m using ProOrder AutoTrading to trade a demo spreadbet account on IG Index.

    07/27/2017 at 3:03 PM #41819
    Nicolas

    Real and demo accounts with IG should have now this possibility. Are you sure you have changed your code accordingly to trade lot with decimals?

    07/28/2017 at 9:00 AM #41879
    JohnMBradford

    Nicolas,  you’re correct!  I’m really sorry, I backtested using the code with the rounding which worked properly, then I looked at current trades, which are using my old code without the rounding.  I’m sure it’ll be OK now, my apologies.

    08/01/2017 at 4:16 PM #42234
    Vonasi

    I tried the:

    = 1 + (strategyprofit / 145)

    n = round(n * 100)

    n = n / 100

    buy n contracts at market

    in a strategy that I was back-testing and it appeared to not sell out all of the positions bought. It was a BUY only strategy and the detailed report showed short trades when none had been taken and a time in the market of over 90% when in fact it should have been about 5%. I could see on the positions graph a fine line of pips still open that should have been sold. Any ideas why this should happen as I don’t want to add it to a live strategy until I know it will close all of a position.

     

    08/01/2017 at 4:25 PM #42238
    Nicolas

    @Vonasi
    If you “SELL AT MARKET”, all your positions should be closed. Is it the instruction you have used in your code?

    08/01/2017 at 5:03 PM #42246
    Vonasi

    Yes that was the instruction that I used as far as I recall (testing lots of ideas at the moment so I can’t even recall which strategy it was that I noticed this on!)  I’m in the middle of a walk forward at the moment but once that has finished I’ll modify this strategy and see if it does it again.

    Thinking about it it may have been a strategy with cumulative positions that showed the problem.

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 52 total)
1 2 3 4

Find exclusive trading pro-tools on ProRealCode Marketplace

Similar topics:
v12 for prt-ig now live on live
bb trading one long one short on dax 9-17,30
buy on certin dates, not on technical singal
buy on retest on a certain candle
combining manual trading and auto trading
introducing my algorithmic trading shop on prorealmarket!
line on chart after the 16:30 trading day
2 accounts limitations on ib
2 bars late on entry and exit
2 trading strategies in one system

Create your free account now and post your request to benefit from the help of the community
Register or Login