Hi all,

I am trying to insert some position management in my strategy, a very simple one actually: I want to add 1 contract to my existing position if the open profit of the existing contract reaches a certain level.
This should be quite easy, but I don't know why this simple instruction is not doing what it should be. I have already checked through the print log that all the condition all TRUE in some candles, but nothing happens:

 

Code

if mp=1 and OpenEntryContracts=1 and openpositionprofit>200 and t<1300 then buy("L-Add") 1 contract next bar at open; if mp=-1 and OpenEntryContracts=1 and openpositionprofit>200 and t<1300 then sellshort("S-Add") 1 contract next bar at open;

This is the print log where I print all my adding conditions, as you see there are the 3 candles of 10:00, 11:00 and 12:00 that satisfy the conditions...but nothing happens

 

Code

print(d," ",t," ",mp," ",openpositionprofit," ",OpenEntryContracts);

Quoting 

1240402.00 700.00 0.00 0.00 0.00 ---> strategy is flat 1240402.00 800.00 -1.00 129.30 1.00 ---> this is the first entry of the strategy 1240402.00 900.00 -1.00 296.30 1.00 ---> starting from here the strategy should add 1 contract to existing position 1240402.00 1000.00 -1.00 371.80 1.00 1240402.00 1100.00 -1.00 337.80 1.00 1240402.00 1200.00 -1.00 224.80 1.00 1240402.00 1300.00 -1.00 249.30 1.00 1240402.00 1400.00 -1.00 248.30 1.00

I also checked the properties of the strategy to see if there was any limitation, but max contract number is actually 65000.

eros1973ms,

Multicharts requires the user to specifically allow more than one entry in the same direction under the general strategy properties. It will only take one entry by default.
The position limits settings are located on the "Properties" tab of the "Strategy Properties" dialog directly above the "maximum shares/contracts per position" settings that you have already checked.

Regards,

ABCTG

eros1973ms 

Hi all, I am trying to insert some position management in my strategy, a very simple one actually: I want to add 1 contract to my existing position if the open profit of the existing contract reaches a certain level. This should be quite easy, but I don't know why this simple instruction is not doing what it should be. I have already checked through the print log that all the condition all TRUE in some candles, but nothing happens:   Code if mp=1 and OpenEntryContracts=1 and openpositionprofit>200 and t<1300 then buy("L-Add") 1 contract next bar at open; if mp=-1 and OpenEntryContracts=1 and openpositionprofit>200 and t<1300 then sellshort("S-Add") 1 contract next bar at open; This is the print log where I print all my adding conditions, as you see there are the 3 candles of 10:00, 11:00 and 12:00 that satisfy the conditions...but nothing happens   Code print(d," ",t," ",mp," ",openpositionprofit," ",OpenEntryContracts); I also checked the properties of the strategy to see if there was any limitation, but max contract number is actually 65000.

ABCTG 

eros1973ms, Multicharts requires the user to specifically allow more than one entry in the same direction under the general strategy properties. It will only take one entry by default. The position limits settings are located on the "Properties" tab of the "Strategy Properties" dialog directly above the "maximum shares/contracts per position" settings that you have already checked. Regards, ABCTG

aaah, thanks ABCTG...I knew it was something in the Properties but I didn't see until you told me!!! all good now