Posted By: Grant
Sending exit limit orders for a batch of trades - 01/23/23 21:46
Hello,
I have multiple open positions from the same asset/side that I want to close against a certain price threshold. What often happens is that only the first couple of exit trades met the price threshold, especially in volatile markets.
Note: Because of MT5 I can't send limit orders.
This scenario happens when I use:
or
as a failed attempt to close all open long orders at once.
In order to check the price threshold for every exit order, I've tried the following:
This sometimes won't close all long trades and I can't figure out why, as there are no errors in Zorro's or MT5's log.
Am I doing something wrong? In a perfect scenario I would like to bundle all open trades and send them as 1 exit trade, since it takes valuable time to close tens of open positions.
Thank you.
I have multiple open positions from the same asset/side that I want to close against a certain price threshold. What often happens is that only the first couple of exit trades met the price threshold, especially in volatile markets.
Note: Because of MT5 I can't send limit orders.
This scenario happens when I use:
Code
exitLong();
or
Code
exitLong(0, 0, TotalSumOfLongLots);
as a failed attempt to close all open long orders at once.
In order to check the price threshold for every exit order, I've tried the following:
Code
function tock() { if(AskPrice - Spread > LongExitLimit) { for(open_trades) { if(TradeIsLong) { exitTrade(ThisTrade); if(ThisTrade != 0) { if(NumOpenLong > 0) { break_trades; } else { //code to exit this exit check, works fine } } else { printf("\nUnable to close Trade #%i", NumOpenLong);//Never had this message so far } } } } }
This sometimes won't close all long trades and I can't figure out why, as there are no errors in Zorro's or MT5's log.
Am I doing something wrong? In a perfect scenario I would like to bundle all open trades and send them as 1 exit trade, since it takes valuable time to close tens of open positions.
Thank you.