Support Board
Date/Time: Thu, 23 Jan 2025 09:25:30 +0000
Post From: How to limit the number of open trades
| [2018-11-13 21:34:24] |
| Yoda - Posts: 106 |
|
I cannot seem to limit the number of open trades. I have tried two methods to limit open trades to only one (1): Method 1 - sc.MaximumPositionAllowed Although I have the following line of code in the sc.SetDefaults section: sc.MaximumPositionAllowed = 1; the Trade Activity Log is showing thousands of open positions. (see the attached screenshot of my Trader Activity Log) This is occurring with a Single Chart replay in ver 1841. Method 2 - PositionQuantity in Buy and Sell code Following the documentation here: Automated Trading From an Advanced Custom Study: sc.GetTradePosition my code includes the following: s_SCPositionData PositionData;
sc.GetTradePosition(PositionData); int Quantity = PositionData.PositionQuantity; // Access the quantity ... // Buy Order if (Quantity == 0 && sc.CrossOver(Cross_CloseOrLow, LowOfDay) == CROSS_FROM_TOP) { Result = (int)sc.BuyOrder(NewBuyOrder); ... } The crossover works fine, but when I print out the Quantity in the Message Log, it is always showing as zero. Therefore the strategy keeps on buying. Note: Setting sc.AllowOnlyOneTradePerBar to true significantly reduces the number of trades, but I would like to get the above two methods working properly. Any suggestions on how I can get both Method 1 and 2 working? |
 Trade Activity Log Max Open Quantity 2018-11-13 1508.png / V - Attached On 2018-11-13 21:21:43 UTC - Size: 59.85 KB - 272 views |