Using True – cumulating positions

• 05/04/2019 at 9:27 AM #97650
  Alun

  When using True to activate cumulative positions, is there a simple way to limit the number of positions to a maximum?

  

  Alun

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  05/04/2019 at 9:43 AM #97651
  robertogozzi

  COUNTOFPOSITION returns the number of open positions.

  COUNTOFLONGSHARES returns the number of open Long positions.

  COUNTOFSHORTSHARES returns the number of open Short positions.

  Example:

  MaxPositionsAllowed = 5 If MyConditions And CountOfPosition < MaxPositionsAllowed Then Buy 1 contract at market Endif

  1 2 3 4

  MaxPositionsAllowed = 5 If MyConditions And CountOfPosition < MaxPositionsAllowed Then    Buy 1 contract at market Endif

   

  

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  05/04/2019 at 11:07 AM #97661
  Vonasi

  Don’t forget that COUNTOFPOSITION is a negative value if you are short on the market and a positive value if you are long. You can use:

  abs(countofposition)

  1	abs(countofposition)

  to return only a positive value. So Roberto’s code needs to be like the following to work with  short position quantities.

  MaxPositionsAllowed = 5 If MyConditions And abs(CountOfPosition) < MaxPositionsAllowed Then Sellshort 1 contract at market Endif

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  MaxPositionsAllowed = 5 If MyConditions And abs(CountOfPosition) < MaxPositionsAllowed Then    Sellshort 1 contract at market Endif

   

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  05/04/2019 at 12:04 PM #97670
  Alun

  This looks very good – many thanks Roberto and Vonasi!!

  

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  05/04/2019 at 12:15 PM #97671
  GraHal

  Copied to here

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  Another successful collaboration on the Snippet Log! 🙂

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  06/15/2020 at 10:25 PM #136055
  GraHal

  Fantasio2020 wrote:

  z = n*3/2

  And is n*3/2 allowed as a lot size for the Instrument you are trading?

  If it were me I would concentrate on making a profit by getting the strategy correct for Long entry / exit and Short entry / exit and use Lot size = 1 for simplicity?

  After you are making consistent profit every week for months … then tweak lot size etc??

  

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  06/15/2020 at 10:47 PM #136058
  robertogozzi

  Sorry @GraHal, I deleted all of his posts here because he had started another topic in the French forum.

  You may want to post your reply, in French, there https://www.prorealcode.com/topic/taille-de-position-en-fonction-de-lhoraire-de-trading/.

   

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