How to scale in entries and exit all pos. at once? - MultiCharts | futures io social day trading
futures io futures trading


How to scale in entries and exit all pos. at once?
Updated: Views / Replies:261 / 1
Created: by Gabriel123 Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

How to scale in entries and exit all pos. at once?

  #1 (permalink)
Elite Member
Stockholm
 
Futures Experience: Intermediate
Platform: ProRealTime
Favorite Futures: DAX
 
Posts: 39 since Jul 2015
Thanks: 6 given, 4 received

How to scale in entries and exit all pos. at once?

Hi!

Let's say this is my simple code (strategy only used in Daily bars) :
___________

If C >= Average(C,200) and RSI(C,2) < 2 then buy 1 contract this bar at close;
If RSI(C,2) > 70 or barssinceentry>=20 then sell 1 contract this bar at close;
___________

I want the strategy to be able to add 1 more contract if Marketposition = 1 and C >= Average(C,200) and RSI(C,2) < 2 and C < lowest(C,2)

And I want the second contract to be sold simultaneosly as the first.

How do I do that?

Thanks in advance.

Reply With Quote
 
  #2 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,455 since Apr 2013
Thanks: 222 given, 830 received

Gabriel123,

this might get you going: https://futures.io/multicharts/11278-video-tutorial-how-create-advanced-multicharts-easylanguage-strategy.html

Multicharts allows to give orders a name, so you can distinguish between them.

You'll also have to allow more than one entry in the same direction under the strategy properties (it will likely make sense for you to use the option where the entry order has to be done using a different name).

Regards,

ABCTG

Reply With Quote

Reply



futures io > > > > How to scale in entries and exit all pos. at once?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Alternative Views on Traditional Tools w/Rhonda Jones

Elite only

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Scale In steve2222 Terms (Glossary) 0 February 11th, 2016 06:13 AM
Multiple Entries with SET methods to exit (OCO) GSREDDY NinjaTrader 1 August 14th, 2012 12:47 AM
Quantify an indicator scale with Price scale deercreek NinjaTrader 3 April 30th, 2012 03:53 PM
Scale In or Scale Out - The Latest Thoughts tderrick Psychology and Money Management 12 March 15th, 2012 07:49 AM
Whoopsies i forgot to close my pos Maisie Options on Futures 7 March 12th, 2012 02:12 AM


All times are GMT -4. The time now is 02:49 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-09-21 in 0.06 seconds with 19 queries on phoenix via your IP 54.225.54.120