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Partially closing a position
 Post subject: Partially closing a position Post rating: 0   Post Posted: Sun 11 May, 2014, 12:46 
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Dear all,

I'm wondering if it is possible using VJFX to close a portion of my order.

for example let imagine I have an open position of 2 lots and after getting some benefit I would like that the strategy will close 1 lot (50%).

Thanks for your help and support.
BilboFX


 
 Post subject: Re: Partially closing a position Post rating: 0   Post Posted: Wed 14 May, 2014, 13:18 
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Greetings,

Partial close feature is not available in VJF for the time being, but we'll consider this and study its feasibility.
Is it mandatory for your strategy ? you can replace this feature by placing opposite trades..

Thanks


 
 Post subject: Re: Partially closing a position Post rating: 0   Post Posted: Wed 14 May, 2014, 20:32 
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Dear Amine,

Thanks for your reply.
What do you mean by: "placing opposite trades"?

Best regards;
BilboFX


 
 Post subject: Re: Partially closing a position Post rating: 0   Post Posted: Thu 15 May, 2014, 12:54 
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Hi,

If you're long 10.000eurusd and you place a short trade of 5k eurusd the net would be 5k Long.
A merge function would simplify this as well: once positions opened and merged the netting is the difference between long and short amounts. Unfortunately, the merge function is quite complicated to implement in Visual Jforex and we would prefer to focus time and effort on the partial closing.

Thanks


 
 Post subject: Re: Partially closing a position Post rating: 0   Post Posted: Tue 20 May, 2014, 20:17 
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Hi Amine,

Thanks for your answers!

Yes I fully agree with you and believe that a "partial closing" is the option to focus in the enhancement of the VJFX.

Best regards;
BilboFX


 
 Post subject: Re: Partially closing a position Post rating: 1   Post Posted: Fri 20 Feb, 2015, 10:03 
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Hi there!

Partial close feature is finally released.
You can find it in the "Close or Cancel position" block
Enjoy !


 
 Post subject: Re: Partially closing a position Post rating: 0   Post Posted: Fri 29 Apr, 2016, 15:24 
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I tried to do in my strategy partially closing a position, but it doesn't properly. I trade with 8 lot , and want to close 4 lot , when the position pips are a smaller than -10 pips . Now it close all 8 lots
Image


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 Post subject: Re: Partially closing a position Post rating: 0   Post Posted: Mon 02 May, 2016, 09:43 
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Hi,

Partial close works normally, can you please attach your vfs file ?
Thanks

Image


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 Post subject: Re: Partially closing a position Post rating: 0   Post Posted: Tue 03 May, 2016, 08:20 
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i want to close a half of the lots of the position. From 8 to 4 lost when it is -10 pips.


Attachments:
MIKRO_period_sar_MODIFIED_forum.vfs [64.39 KiB]
Downloaded 126 times
DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control on their content. Anyone accessing this webpage and downloading or otherwise making use of any document, data or information found on this webpage shall do it on his/her own risks without any recourse against Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from the use and/or reliance on any document, data or information found on this webpage.
 
 Post subject: Re: Partially closing a position Post rating: 0   Post Posted: Tue 03 May, 2016, 13:06 
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Hi,

Well, from a first look, it appears that the strategy works as programmed: When the P&L reaches 10 pips of loss, the strategy closes 4Mio. You need to bear in mind that as long as the P&L is below -10pips the strategy will attempts to close 4 mio, look at this:

Image

You can see that the strategy closed the position on 2 different prices (4mio then 4mio) where the P&L was at the specified target.

Cheers


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