Global Stop Loss for position with same pair and direction.

PanagiotisCharalampous
08 Sep 2022, 08:32

Hi Marcin,

What do you mean with global stop loss? Same number of pips? Same price?

Best Regards,

Panagiotis 

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Xammo
12 Sep 2022, 13:53

Hi Marcin

Just a few suggestions that might help/give you some ideas - obviously you'd most likely want to knit them into your logic rather than having them as hard set parameters and checking every OnTick with ClosePositionAsync creates additional headaches trying to work out how to not try and close a position that is already in the process of closing! (same goes for ExecuteMarketOrderAsync - I've still yet to work out a graceful/rock solid way to deal with Async stuff!)  but yeh hopefully it helps and best of luck!

using cAlgo.API;
using System.Collections.Generic;
using System.Linq;

namespace cAlgo.Robots
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class NewcBot : Robot
    {
        [Parameter("StopLoss_Amount", DefaultValue = 100)]
        public double Param_double_StopLoss_Amount { get; set; }

        [Parameter("StopLoss_Pips", DefaultValue = -10)]
        public double Param_double_StopLoss_Pips { get; set; }

        [Parameter("StopLoss_Price_Sell")]
        public double Param_double_StopLoss_Price_Sell { get; set; }

        [Parameter("StopLoss_Price_Buy")]
        public double Param_double_StopLoss_Price_Buy { get; set; }

        protected override void OnTick()
        {
            Check_StopLoss(TradeType.Sell);
            Check_StopLoss(TradeType.Buy);
        }

        private void Check_StopLoss(TradeType tradeType)
        {
            IEnumerable<Position> pos_All_TradeType = Positions.Where(x => x.SymbolName == SymbolName && x.TradeType == tradeType);

            //THIS
            if (pos_All_TradeType.Sum(x => x.NetProfit) <= Param_double_StopLoss_Amount)
            {
                CloseAll_TradeType(pos_All_TradeType);
            }

            //OR THIS
            if (pos_All_TradeType.Sum(x => x.Pips) <= Param_double_StopLoss_Pips)
            {
                CloseAll_TradeType(pos_All_TradeType);
            }

            //OR THIS
            if (tradeType == TradeType.Sell)
            {
                if (Symbol.Ask > Param_double_StopLoss_Price_Sell)
                {
                    CloseAll_TradeType(pos_All_TradeType);
                }
            }
            else
            {
                if (Symbol.Bid < Param_double_StopLoss_Price_Buy)
                {
                    CloseAll_TradeType(pos_All_TradeType);
                }
            }
        }

        private void CloseAll_TradeType(IEnumerable<Position> pos_All_TradeType)
        {
            foreach (Position pos in pos_All_TradeType)
            {
                ClosePositionAsync(pos);
            }
        }
    }
}