How to Use NetProfit for all positions in "buy" or "sell" direction only

Created at 25 Nov 2019, 16:20

Joined 12.04.2019

How to Use NetProfit for all positions in "buy" or "sell" direction only
25 Nov 2019, 16:20

Hi team,

I'm looking at building a bot, but I don't have much experience with the NetProfit function. Basically I want something similar to the below code:

----

if (Account.Equity >= balance + Profit)
            {
                foreach (var position in Positions)
                {
                    ClosePosition(position);

----

But instead of calculating the net profit of the whole account, I want to be able to calculate the netprofit of all positions open in one direction only (eg: only all the "buy" positions which are currently in positive in net profit) even if there are sell positions currently open at the same time.

I then want to be able to close only those positions, whilst leaving the trades in the opposite direction open.

Is this at all possible?

Many thanks for your suggestions,

Mr4x

@Mr4x

Replies

PanagiotisCharalampous
25 Nov 2019, 16:45

Hi Mr4x,

See below an example of how to check for Net Profit on sell positions only

            if (Account.Equity >= Account.Balance + Positions.Where(x => x.TradeType == TradeType.Sell).Sum(p => p.NetProfit))
            {
                foreach (var position in Positions)
                {
                    ClosePosition(position);
                }
            }

Best Regards,

Panagiotis

@PanagiotisCharalampous

Mr4x
25 Nov 2019, 17:03

Panagiotis Charalampous said:

Hi Mr4x,

See below an example of how to check for Net Profit on sell positions only

            if (Account.Equity >= Account.Balance + Positions.Where(x => x.TradeType == TradeType.Sell).Sum(p => p.NetProfit))
            {
                foreach (var position in Positions)
                {
                    ClosePosition(position);
                }
            }

Best Regards,

Panagiotis

Hi Panagiotis,

Thank you once again for that speedy reply. I just need one more piece to the puzzle and I think I have solved it. In the above code could you please give me an example of what it would look like if I wanted to close all sell positions if Net Profit of all sell positions was 150? I'm trying to see where in the code I would put that but can't for the life of me figure it out.

Many thanks,

Mr4x

@Mr4x

PanagiotisCharalampous
26 Nov 2019, 08:24

Hi Mr4x,

See below

            if (Positions.Where(x => x.TradeType == TradeType.Sell).Sum(p => p.NetProfit) > 150)
            {
                foreach (var position in Positions.Where(x => x.TradeType == TradeType.Sell))
                {
                    ClosePosition(position);
                }
            }

Best Regards,

Panagiotis

@PanagiotisCharalampous

Mr4x
26 Nov 2019, 09:02

Sir, thank you very much for your assistance!

Mr4x

@Mr4x

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