Dynamic Position - Trading Software

Dynamic Position

sugiarto tjokrokusumo
2010-09-30 12:44:29

Hi Guru,

i have some question regarding quantshare programming. been played with it for a few days, do you have any setting for dynamic positioning.

for example let say if the RSI(14) > 50 i want to set my buying position of 50% of the money but if the RSI(14) < 30 i want to set my buying position of 100% of the money i have

any idea how to do this?

thank you

Sugiarto

QuantShare
2010-09-30 13:52:19

Best Answer

In order to do this, you must create a new money management script in your trading system, then type the following script in the "OnNewPosition" event:

TradingSystemSettings.IsAutoAjustCashNewPositions = false;

string symbol = NewPosition.Symbol;
TimeSeries ts = Data.ParseFormula("a = rsi(14);").GetTimeSeries(symbol, "a");
if(ts[0] > 50)
{
// Buy only 50%
double nbShares = NewPosition.NbShares;
Functions.UpdateNumberOfShares((int)(nbShares / 2));
}

The script simply checks the value of RSI and divides the number of shares by two (50%) if the RSI value is higher than 50.
The script can be applied to a strategy with one or several symbols.

sugiarto tjokrokusumo
2010-09-30 14:01:44

thank you for the fast reply. will try to incorporate the code :)

thanks a lot

sugi

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