One trade per Algo

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One trade per Algo #467368 07/28/17 17:27 07/28/17 17:27
Joined: Dec 2016 Posts: 43 F Fiber OP Newbie
Fiber OP Newbie F Joined: Dec 2016 Posts: 43	Hi, How can I limit only one trade/open position per Algo? I tried Code: string CurrentAlgo = Algo; for(open_trades) if(strstr(Algo,CurrentAlgo) && !TradeIsOpen) also Code: if(Algo == "TRND" && && NumOpenTotal == 0) but without success.

Re: One trade per Algo [Re: Fiber] #467369 07/28/17 18:42 07/28/17 18:42
Joined: Feb 2017 Posts: 369 D Dalla Senior Member
Dalla Senior Member D Joined: Feb 2017 Posts: 369	You are making it a bit more difficult than it is I think. NumOpenTotal is per asset/algo, so you don't need to check what algo is currently in use. From the manual Code: Limit the number of open positions // max. 3 open long positions per asset/algo if(my_long_condition == true) { exitShort(); // no hedging - close all short positions if(NumOpenLong < 3) enterlong(); } Or just use reverseLong/reverseShort so e.g. instead of enterLong() use reverseLong(x) where x is the maximum number if open positions allowed.

Re: One trade per Algo [Re: Dalla] #467370 07/28/17 19:55 07/28/17 19:55
Joined: Dec 2016 Posts: 43 F Fiber OP Newbie
Fiber OP Newbie F Joined: Dec 2016 Posts: 43	Thank you for idea, Dalla! I use manual almost every day and still many good ideas not discovered there for me:) Also it seems that NumOpenLong and NumOpenShort works well to limit number of trades, but NumOpenTotal doesn't and that's why I went wrong way.. Last edited by Fiber; 07/28/17 20:37.

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