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[amibroker] Re: Help With "MaxOpenPositions"



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Thanks for the tips. I'll give a try.

> Hello,
> 
> The code from read me used constant for posqty.
> 
> Again: 
> SetOption("MaxOpenPositions", 30 ) <-- This has to be constant
> 
> It is NOT the number of positions taken at given bar but
> absolute maximum allowable ever. You just say to yourself
> "I don't want to trade more than 30 stocks at once ever".
> 
> As to what you want to achieve (varying number of open positions
> PER BAR) you need to use PositionSize for that.
> 
> But first you would need to iterate through your watch list
> (using GetCategorySymbols) and find how many symbols
> have the same top rank (it requires sorting) This is possible using 
Osaka plugin
> http://www.amibroker.net/3rdparty.php.
> 
> Then depending on how many symbols have the same top rank
> you would be able to set position size accordingly:
> 
> PositionSize = -100/ howmanystockwiththesamerank.
> 
> Best regards,
> Tomasz Janeczko
> amibroker.com
> ----- Original Message ----- 
> From: "msc626" <msc626@xxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Saturday, October 25, 2003 1:07 AM
> Subject: [amibroker] Re: Help With "MaxOpenPositions"
> 
> 
> > Yes, TJ, I misspoke.
> > My code is from the Help file:
> > 
> > posqty=x;
> > SetOption("MaxOpenPositions",posqty);
> > PositionSize=-100/posqty;
> > 
> > I want to vary posqty so that posqty=1 when there is only one 
stock 
> > with the top PositionScore; 
> > posqty = 2 when there are two stocks with the same top 
PositionScore; 
> > and so forth.
> > 
> > dale b
> > 
> > > Hello,
> > > 
> > > MaxOpenPositons is just that: absolute MAXIMUM number of open 
> > positions.
> > > It is 'set and forget' kind of settings.
> > > 
> > > To vary number of positions taken you should use PositionSize
> > > instead since it can be set per symbol and per bar.
> > > 
> > > Best regards,
> > > Tomasz Janeczko
> > > amibroker.com
> > > ----- Original Message ----- 
> > > From: "msc626" <msc626@xxxx>
> > > To: <amibroker@xxxxxxxxxxxxxxx>
> > > Sent: Saturday, October 25, 2003 12:24 AM
> > > Subject: [amibroker] Help With "MaxOpenPositions"
> > > 
> > > 
> > > > Could anyone suggest a method to vary "MaxOpenPositions" 
> > dynamically 
> > > > based on PositionScore?
> > > > The problem that I am attempting to solve is what to do when 
> > several 
> > > > stocks in my watchlist have the identical PositionScore. 
> > > > For example:
> > > > if two stocks have the same top score, then I would like 
> > > > MaxOpenPositions = 2;
> > > > if three stocks have the same top score, then I would like 
> > > > MaxOpenPositions = 3;
> > > > ...and so on.
> > > > Thanks for your help.
> > > > 
> > > > dale b
> > > > 
> > > > 
> > > > 
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