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Newbie question:
Can you reset the SetPositionSize function at various points in the code? (For variable size postions) For example, for the first buy signal
SetPositionSize(10, spsPercentOfEquity );
Then for the second buy trigger, triple the position
SetPositionSize(200, spsPercentOfPosition);
An example code (which only triggers the first position size statement) would be
SetTradeDelays( 0, 0, 0, 0 );
SetOption("MaxOpenPositions", 4);
_TRACE("!CLEAR!");
//Buy and Sell Conditions
Cond1 = Close > MA (C , 200);
Cond2 = RSI(2) <25;
Cond4 = RSI(2) >70;
// Initialize
BuyPriceA=BuyPriceB=BuypriceC=BuypriceD=0;
intrade=0;
Tradedate=DateTime();
TradedateA=TradedateB=TradedateC=Null;
// Loop through all the bars
for(i = 1; i < BarCount; i++)
{
if(intrade==0)
{
if((Cond1[i]==1) AND (Cond2[i]==1) ) //Enter Position 1
{
Intrade=1;
Buy[i] = 1;
BuyPriceA = BuyPrice[i];
TradedateA=Tradedate[i];
}
else
{
}
}
if((intrade==1) AND tradedateA != Tradedate[i])
{
if (C[i]<BuyPriceA) //Enter position 2
{
SetPositionSize(200, spsPercentOfPosition);
Intrade=2;
Buy[i]=1;
BuyPriceB=BuyPrice[i];
TradedateB=Tradedate[i];
}
else
{
}
}
if((intrade==1 OR intrade==2 ) AND (Cond4[i]==1))
{
Sell[i]=Cond4[i];
intrade=0;
BuyPriceA=0;
BuyPriceB=0;
}
}
SetPositionSize(10, spsPercentOfEquity );
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