Please help!

I been searching for similar code, trying to learn java, Jvisual, tested/compiled code, etc... kinda frustrated now.

I want a simple hedging strategy that would:

1- put 2 opposite order of half open position at market, at let say 20 and 40 pips.
2-that would activate only over a specific lot size enter on the market order, exemple 0.1 million
3-if possible that both order get erase when original order get close
4-if possible, both hedge order should adapt to partial close of original market order and even erase under a specific remaining amouth, exemple 0.01 million.

It need not to affect previous orders already opens.

I would like to have the file into a java format so I can manage it under my live account without complication as Jvisual do for me.

This would be very kind!
Thx in advance.

Hi!

Have you tried to look at wiki examples, especially at "Orders and positions" wiki section: https://www.dukascopy.com/wiki/#Orders_overview ?

Hi,

It is easier to start step by step.
Easier for you understand the steps that you have implemented, and it is easier also to offer help in a particular problem.
As Support pointed out, there are tons of examples in the wiki basically about everything. If you try to create/code something, and face issues, just create a topic specifically with that problem.

Alternatively you could consider hiring someone to do the coding.

Hi,

Thx for both of your reply.

As said I tried to take some codes (opposite orders was one of them) and modified it but if I get it to compile, then over the historical tester I get the error message : ''cannot create label for order that already exist.''

All I'm hoping is that someone who know java coding look at my prototype and find the mistake.
Most of the structure must be good, it just need a little fix I bet.

Im surely not asking for someone here to do the full job for me, I will pay if this attempt dosen't work.

code attach - thx!

Hi,

For the error that you have mentioned ("cannot create label for order that already exist"):
You have to create a unique label for every order. This can be done several ways, a plain simple example is:

//For Filled Long---              
            if (isLong) 
            {                      
//Double Hedge long orders
 
                                                           
            engine.submitOrder("BUY1" + System.currentTimeMillis(), selectedInstrument, OrderCommand.SELLSTOP_BYASK, (order.getAmount()/2), order.getOpenPrice()- (instrument.getPipValue()*hedge1));
            engine.submitOrder("BUY2" + System.currentTimeMillis(), selectedInstrument, OrderCommand.SELLSTOP_BYASK, (order.getAmount()/2), order.getOpenPrice()- (instrument.getPipValue()*hedge2));    
                                
             } 
        
                      
// For filled Short--- 
               
             if (isShort) 
             {                 
                    
 //Double Hedge Short orders                        
                     
            engine.submitOrder("SELL1" + System.currentTimeMillis(), selectedInstrument, OrderCommand.BUYSTOP_BYBID, (order.getAmount()/2), order.getOpenPrice()- (instrument.getPipValue()*hedge1));
            engine.submitOrder("SELL2" + System.currentTimeMillis(), selectedInstrument, OrderCommand.BUYSTOP_BYBID, (order.getAmount()/2), order.getOpenPrice()- (instrument.getPipValue()*hedge2));                           
                  
             }

Again, thx you very much for your reply, its really appreciated.

Here are both of the errors I get trying what you suggested:

1-00:33:39 com.dukascopy.api.JFException: Label not unique(code 1). (Order already exists) [SELL11421282028110]:label=SELL11421282028110;getId()=null;groupId=null;openingOrderId=null;pendingOrderId=null;pendingOrderCommand=null;parentOrderId=null;tpOrderId=null;slOrderId=null;state=CREATED;instrument=GBP/JPY;openPrice=186.80407;requestedAmount=0.0075;amount=0.0075;lastServerRequest=SUBMIT;awaitingResubmit=false;localCreationTime=1421282028110; @ dukascopy.strategies.DoubleHedgeBeta1.onTick(DoubleHedgeBeta1.java:76)

2-00:33:39 Order REJECTED: CONDITIONAL BUY GBP/JPY, REASON: Invalid price format - please use increments of 0.1 pip.

Maby another part of the code is wrong as I wonder why if I don't include this part :

for (IOrder order: engine.getOrders())
{if (!orderMap.containsKey(order))
{orderMap.put(order, false);}

it dosen't compile and say : ''order canno't be resolved.''

I try to do it step by step whit a simple logic: when a market order is filled, open 2 opposites orders of half size of market at x pips of opening price .
If I just get this to work I would be Super happy!

I'll push my luck a little further with nice ppl like you.
If not, I'll evaluate if I'm ready to pay the price asked.

Inz

Take a look at this example: https://www.dukascopy.com/wiki/#Rounding_prices

Hi,

How can I make the strategy make the difference in between a market order that been filled and a conditional one (pending/hedge).

The opposite order code makes the strategy buy at start, so it easy just to send another order after it...
I'm trying to create a second order when a market order is submitted (filled), not a pending one.
Any way to make the difference in the code?

Thx for your answer and help.

You can find the difference by order state, see this for details: https://www.dukascopy.com/wiki/#Order_state



See code example:

// submit first order
IOrder order1 = engine.submitOrder("test1", Instrument.EURUSD, OrderCommand.BUY, 0.001); 
// wait until it's filled        
order1.waitForUpdate(IOrder.State.FILLED); 
// submit second order after first has been filled
engine.submitOrder("test2", Instrument.EURUSD, OrderCommand.BUY, 0.001);