Average Position Up

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Average Position Up #478954 01/25/20 00:23 01/25/20 00:23
Joined: Jan 2020 Posts: 32 L leohermoso OP Newbie
leohermoso OP Newbie L Joined: Jan 2020 Posts: 32	Hi, I am trying to achieve the following result: Everything I trail my stop loss I want to increase the size of my positions I know the following TMF code is wrong, but how is the correct way to achieve this? Code int TrailingAndAdding(var lookback) { if (TradeIsOpen && TradeProfit > 0 ) { if (TradeIsLong) { TradeStopLimit = max(TradeStopLimit, LL(lookback, 0)); //Increase my Position by one unit TradeLots++; } else if (TradeIsShort) { TradeStopLimit = min(TradeStopLimit, HH(lookback, 0)); //Increase my Position by one unit TradeLots++; } } return 0; } Best Regards Leo Hermoso Last edited by Leohermoso; 01/25/20 00:24.

Re: Average Position Up [Re: leohermoso] #478957 01/25/20 17:44 01/25/20 17:44
Joined: Feb 2017 Posts: 1,725 Chicago AndrewAMD Serious User
AndrewAMD Serious User Joined: Feb 2017 Posts: 1,725 Chicago	You cannot increase the position of a trade. You can either partially close it or close it entirely. Suppose your position is 10 lots long, and you want to increase it to 12, you enterLong for 2 lots. Yes, now you have to manage 2 trades. Alternatively, if you are using the Virtual Hedging feature (Hedge = 5, Zorro S only), you can close the original 10 long trade and place another 12 long. At the end of your run() call, Zorro will place a single +2 lot trade to split the difference. This is a very nice feature. www.vitaltrades.com - andrew@vitaltrades.com

Re: Average Position Up [Re: AndrewAMD] #478965 01/28/20 22:07 01/28/20 22:07
Joined: Jan 2020 Posts: 32 L leohermoso OP Newbie
leohermoso OP Newbie L Joined: Jan 2020 Posts: 32	That's an interesting approach Andrew. Tks for your reply.

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