PositionCloseOracle - decides when to close a trading position [abandoned] [1036120]

< > BotCompany Repo | #1036120 // PositionCloseOracle - decides when to close a trading position [abandoned]

JavaX fragment (include) [tags: use-pretranspiled]

Transpiled version (9950L) is out of date.

sclass PositionCloseOracle {
  // The currently open position
  settable TradingPosition position;
  
  // our loss tolerance (how much of our investment we are
  // prepared to lose in one trade)
  settable double lossTolerancePercent = 10;
  
  // Set when position should be closed
  settable bool closeSignal;
  
  // Set when the position is expected to lose money
  settable bool badClose;
  
  // React to a new ticker value coming in
  void addValue(double price, Timestamp timestamp) {
    // Feed new price to position
    position.closingPrice(price);
    
    // Bad case - end because too much loss
    
    if (lossTooBig()) {
      closeSignal(true);
      badClose(true);
    }
    
    // Good case - end because good run ended (TODO)
    
    
  }
  
  double absoluteLossTolerance() {
    ret lossTolerancePercent()*100*position.margin();
  }
  
  bool lossTooBig() {
    ret position.expectedPNL() > absoluteLossTolerance();
  }
}

Travelled to 2 computer(s): elmgxqgtpvxh, mqqgnosmbjvj

Snippet ID:

#1036120

Snippet name:

PositionCloseOracle - decides when to close a trading position [abandoned]

Eternal ID of this version:

#1036120/4

Text MD5:

8c6e12dc67ab2e565c9f26a54d034305

Author:

stefan

Category:

javax

Type:

JavaX fragment (include)

Public (visible to everyone):

Yes

Archived (hidden from active list):

Created/modified:

2022-11-07 12:16:17

Source code size:

988 bytes / 39 lines

Pitched / IR pitched:

No / No

Views / Downloads:

686 / 825

Version history:

3 change(s)

Referenced in:

[show references]

1	sclass PositionCloseOracle {
2	// The currently open position
3	settable TradingPosition position;
4
5	// our loss tolerance (how much of our investment we are
6	// prepared to lose in one trade)
7	settable double lossTolerancePercent = 10;
8
9	// Set when position should be closed
10	settable bool closeSignal;
11
12	// Set when the position is expected to lose money
13	settable bool badClose;
14
15	// React to a new ticker value coming in
16	void addValue(double price, Timestamp timestamp) {
17	// Feed new price to position
18	position.closingPrice(price);
19
20	// Bad case - end because too much loss
21
22	if (lossTooBig()) {
23	closeSignal(true);
24	badClose(true);
25	}
26
27	// Good case - end because good run ended (TODO)
28
29
30	}
31
32	double absoluteLossTolerance() {
33	ret lossTolerancePercent()100position.margin();
34	}
35
36	bool lossTooBig() {
37	ret position.expectedPNL() > absoluteLossTolerance();
38	}
39	}