Take Profit for Multiple trades one pair (e.g. EURNZD 5 multiple trades)

1007601
06 Aug 2016, 16:51

RE:

There might be a few ways:  

(1) is to do a definite pip-position, the other is to have an overall account $ value for take profit:

I have tried this to find an average entry point of all positions, and then set a limit order:  

   // now recalculate average entry point;  then setting a limit order for each position
            // average entry +/- target;
            double _avrgE = 0;
            double _lotsE = 0;
            double _Numm = 0;
            double _tbP = 0;

            foreach (var position1 in Account.Positions)
            {
                _avrgE = _avrgE + (position1.Volume * position1.EntryPrice);
                _lotsE = _lotsE + position1.Volume;

                if (position1.EntryPrice > highest_level)      {highest_level = position1.EntryPrice;}
                if (position1.EntryPrice < lowest_level)        {lowest_level = position1.EntryPrice;}
            }
 

            // tradetype = buy;
            if (DD == 1)  // this is an overal value of direction of trade;
            {
                _tpB = Math.Round(_avrgE + Symbol.PipSize * _takeProfit, Symbol.Digits);  //I had a pip size set to the _takeProfit variable
            }

            // tradetype = sell;
            if (DD == 2) //ditto
            {
                _tpB = Math.Round(_avrgE - Symbol.PipSize * _takeProfit, Symbol.Digits);  //ditto
            }


            // modify 
            foreach (var position in Account.Positions)
            {

                Trade.ModifyPosition(position, null, _tpB);

            }
        }