Support Board

Date/Time: Wed, 01 May 2024 21:57:21 +0000

Post From: Scale in from twconfig file?

[2022-05-17 15:24:12] Link To Thread - Link To Post [Go To First Post]
User993067 - Posts: 137
An idea for a quick workaround would be to have a max loss per position value added either in $ or tick equivalent, that auto adjusts after scaling in. this way I could just click ask or right click for additional stop entry and risk is auto adjusted. of course the internal SC calc would be lesser of max $ loss position loss or the bracket configuration in twconfig file. Example: ES 12.50 per tick existing twconfig file bracket exit is set to 1 lot and has 16 tick bracket stop and target. with offset triggered BE and trail adjustments. Upon adding additional lot to the position the stop is still 16 ticks...risk is doubled when scaling in. same 16 tick bracket but a max loss per position of say $200 is enabled.. upon adding a second contract the stop adjusts to 8 ticks (from the avg entry)...risk is maintained. same 16 tick bracket: but now max $ position loss set to 312.50: if one lot the stop loss remains 16 ticks (twconfig risk is < max$loss), but after scaling in the max loss is reduced: for 2 lots 12 ticks, 3 lots 8 ticks, 4 lots 6 ticks, 5 lots 5 ticks. Intent is to try and automatically maintain close to initial position risk after scaling in