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Unfortunately, seems that can can partially close position only one time!
After I do
buytocover 3 contracts this bar on close;
and 12 contracts still open, all further buytocover requests are ignored.
There is note regarding this in the documentation:
Exit orders do not pyramid. Once the exit criteria are met and the exit order filled, the order is ignored for that position
until the position is modified (that is, more shares/ contracts are sold or a new short position is established).
But what to do if I dont want to increase the position?
Thanks
Can you help answer these questions from other members on NexusFi?
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There is a difference in the platforms and you can use different code between TS and MC for example. For OEC I don't know, but if you post your code (not only the two lines from the first post) you are using for the exits I can give it a try.
In your example there are two different closing signals. That's why they work.
This is the surrogate example. Hope the idea is clear. You may need to adjust it or find appropriate instrument. It executes only one exit, instead of three.
I don't think you can avoid using more than one exit in your situation. This would concur with what you posted from the documentation. What is the problem with having several exit orders and making sure they get executed when you want?
Hi, i have seen from a friend of mine this logic ... it is for MT4 ... and it was using a composite logic, with simultaneous moving of Stop Loss levels ... over the partial close ... the site is : Algorithmic Experts | Home
Hope it helps ...
Best Regards - Dimitri