- ago
Hi there!

It looks like Preferences > Trading Thresholds is the recent solution to control the max open positions of a strategy (with possible signals/entries > max open position) while proper live trading. Since Trading Thresholds is unfortunately is a global function, live trading with multiple strategies (or meta strategies) with individual settings is not supported. But these functions already exist while backtesting, that's why I was thinking about it could be implemented quite easy.

What about giving the strategy monitor object the ability to track entries/executions/open positions of each strategy individually (in combination with the quotes & price trigger window)?

How do you guys currently run multiple strategies while matching the max open positions parameters from the backtest?

Thanks!
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- ago
#1
I believe this has been discussed and rejected before, @Glitch or @Cone might remember more?
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Cone8
 ( 4.98% )
- ago
#2
I don't recall that it was rejected, maybe it wasn't formally requested yet? It's a pretty common request, so it would get voted up quickly I think.

Using S. Monitor item to determine the number of sync'd Live Positions sounds like a good idea to me.
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- ago
#3
Thanks for adding to the wish list.

In the meantime, @Cone @Eugene how do you run multiple strategies while matching the max open positions parameters from the backtests?

I'm thinking mainly of hedged long/short strategies, which only work if you can control the open positions on each side.
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Glitch8
 ( 10.62% )
- ago
#4
I only use strategies that will submit a limited number of signals. For my dip-buyer for example, it's coded to only submit the top 6 ranked signals for the Nasdaq 100, not the full 100 signals.

With those limits in place, it's easier to control the actual trading of the Meta Strategy. On the days where it might be possible that the strategy will still exceed the maximum, I use the Quotes tool and monitor things, only allowing the desired number of signals to get through to the broker.
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Best Answer
ww58
- ago
#5
Is work being done on this request?
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- ago
#6
To get a definitive answer for this of question visit this page and see if this request is highlighted:
https://www.wealth-lab.com/wishlist
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Glitch8
 ( 10.62% )
- ago
#7
>>Is work being done on this request?<<

Yes, it's now under development.
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