Current price and position's entry price

Author: BCWEALTH

Creation Date: 5/20/2009 3:14 AM

Wealth Lab » WealthScript (.NET) » Current price and position's entry price

BCWEALTH

5/20/2009 3:14 AM

How do I get current price ? I need to calculate position's entry price minus current price.

Example: I would like to have more than one order, New order will be generated when current price is 1% down from last position's entry price.

I need last orders's entry price MINUS current real-time price.

Thanks

Eugene

5/20/2009 3:45 AM

QUOTE:
How do I get current price ?

Please see the WealthScript Programming Guide, The Bars Object > OHLC/V Series > How to: Access a OHLC/V value.

QUOTE:
I need to calculate position's entry price minus current price.

Hit F11, in the QuickRef window find the Position object, EntryPrice Property.

QUOTE:
I need last orders's entry price MINUS current real-time price.

Current real-time price (the ghost bar) is inaccessible.

QUOTE:
I would like to have more than one order, New order will be generated when current price is 1% down from last position's entry price.

CODE:
Please log in to see this code.

BCWEALTH

5/20/2009 3:53 AM

Thanks Eugene,

Can I specify number of shares on the BuyAtMarket function ?

I would like to buy 100 shares on 1st order, 2nd order would be 500 shares.

Thanks

Eugene

5/20/2009 3:59 AM

Unfortunately no, until a newer version comes out that will support scripting the position size (so called PosSizers aka $imuscripts in Version 4).

BCWEALTH

5/20/2009 11:05 AM

Eugene,

Do you have a routine that calculates total profit of all positions ?

If not, Do I calculate each position's entry price - current price) * shares and add it ?

Thanks
Bruce

Eugene

5/20/2009 11:34 AM

Hi Bruce,

If you wanted to do a manual calculation inside your Strategy code, then the Shares property will always be 1 while the Strategy is executing.

BCWEALTH

5/20/2009 12:05 PM

Hi Eugene,

Here's my code, Can you please fix it ?

CODE:
Please log in to see this code.

High[bar] - p.EntryPrice does not work because High could be the same bar as entry bar and myProfit calculations is invalid. If it is possible, I need to calculate real time total profit.

Thanks
Bruce

Eugene

5/20/2009 12:24 PM

Bruce,

Please re-read my reply from 5/20/2009 11:34 AM.

Note that the Position object already has the necesary properties like .NetProfitAsOfBar/.NetProfitAsOfBarPercent etc. - you'll find them along with some code examples illustrating their usage in the QuickRef.