Norway
Posts: 2 since Jul 2010
Thanks Given: 1
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Hi Guys!
This is my first post here, and it will be interesting to see what it generates;-)
My problem is how to accumulate position size from several models, within one summation model....
Let me explain. I trade several different markets, and have several models in each market. Instead of filling my screen up with many small charts that make it very messy, I am trying to show many models within each chart. I do this by using the "IncludeSignal" function in my "summation model" if you will.
What I am trying to do is to reduce the position size if one model triggers against the others. If one uses simple Buy and sell orders, such a signal will zero out the previous orders if they are in the other direction and insert a position the opposite way. One way around this is of course to use orders like " Buy ("buy RSI") 1 contract from order ("Sell RSI") at next bar on open" to link the order to any given model. The problem then is what to do in the beginning, when one model has triggered and it is time for the next one to trigger. Then there is no reference trade to refer to, and the trade might reverse the trade from the previous model if it is in the other direction... This way I will get a "biazed" position size when all the models have triggered, and the total portfolio will be skewed either long or short.
I am not sure if I am able to explain my problem in a proper way, but any response will be greatly appreciatet!
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