/// <summary>
/// Break even procedure for positions in profit
/// </summary>
/// <param name="bot"></param>
public static void BreakEven(this NewBot bot)
{
// attempt break-event only if a position is open
if (bot.CanOpenPosition)
{
return;
}
// retrieve all open positions for this bot
var openPositions = bot.Positions.Where(p => p.Label == bot.BotID);
foreach (var position in openPositions)
{
// check if position is in profit
if (position.NetProfit <= 0)
{
continue;
}
// handle buy positions
if (position.TradeType == TradeType.Buy)
{
// check if position has already broken even
if (position.StopLoss >= position.EntryPrice)
{
continue;
}
// break-even if price and entry-price difference is >= bot.TrailBy
if (bot.Bid - position.EntryPrice >= bot.ConvertPipsToDecimal(bot.TrailBy))
{
position.ModifyStopLossPrice(position.EntryPrice + bot.ConvertPipsToDecimal(2));
}
}
// handle sell positions
if (position.TradeType == TradeType.Sell)
{
// check if position has already broken even
if (position.StopLoss <= position.EntryPrice)
{
continue;
}
// break-even if price and entry-price difference is >= bot.TrailBy
if (position.EntryPrice - bot.Ask >= bot.ConvertPipsToDecimal(bot.TrailBy))
{
position.ModifyStopLossPrice(position.EntryPrice - bot.ConvertPipsToDecimal(2));
}
}
}
}
/// <summary>
/// Price Trailing procedure for positions in profit
/// </summary>
/// <param name="bot"></param>
public static void TrailStop(this NewBot bot)
{
// attempt trail-stop only if a position is open
if (bot.CanOpenPosition)
{
return;
}
// retrieve all open positions for this bot
var openPositions = bot.Positions.Where(p => p.Label == bot.BotID).ToList();
foreach (var position in openPositions)
{
// handle buy positions trailing
if (position.TradeType == TradeType.Buy)
{
// check if position has broken even
if (position.StopLoss < position.EntryPrice)
{
continue;
}
// trail price by bot.TrailBy
if (bot.Bid - position.StopLoss >= bot.ConvertPipsToDecimal(bot.TrailBy))
{
if (bot.Bid - bot.ConvertPipsToDecimal(bot.TrailBy) > position.EntryPrice)
{
position.ModifyStopLossPrice(bot.Bid - bot.ConvertPipsToDecimal(bot.TrailBy));
}
}
}
else if (position.TradeType == TradeType.Sell)
{
// check if position has broken even
if (position.StopLoss > position.EntryPrice)
{
continue;
}
// trail price by bot.TrailBy
if (position.StopLoss - bot.Ask >= bot.ConvertPipsToDecimal(bot.TrailBy))
{
if (bot.Ask + bot.ConvertPipsToDecimal(bot.TrailBy) < position.EntryPrice)
{
position.ModifyStopLossPrice(bot.Ask + bot.ConvertPipsToDecimal(bot.TrailBy));
}
}
}
}
}