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How to scale in entries and exit all pos. at once?


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  #1 (permalink)
 Gabriel123 
Stockholm
 
Experience: Intermediate
Platform: ProRealTime
Trading: DAX
Posts: 40 since Jul 2015
Thanks Given: 6
Thanks Received: 5

Hi!

Let's say this is my simple code (strategy only used in Daily bars) :
___________

If C >= Average(C,200) and RSI(C,2) < 2 then buy 1 contract this bar at close;
If RSI(C,2) > 70 or barssinceentry>=20 then sell 1 contract this bar at close;
___________

I want the strategy to be able to add 1 more contract if Marketposition = 1 and C >= Average(C,200) and RSI(C,2) < 2 and C < lowest(C,2)

And I want the second contract to be sold simultaneosly as the first.

How do I do that?

Thanks in advance.


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  #2 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,447 since Apr 2013
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Gabriel123,

this might get you going:

Multicharts allows to give orders a name, so you can distinguish between them.

You'll also have to allow more than one entry in the same direction under the strategy properties (it will likely make sense for you to use the option where the entry order has to be done using a different name).

Regards,

ABCTG


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