Yesterday I posted a long message with a few questions. I still can't see it in the Forum, so I guess I have to rewrite. Here goes...

I would like to rebalance my open positions within a long term trend following system. Since there is no function like this:

SetTradeRisk(PointRisk)
Balance("LA1", 1, 0, CloseEntry, Day)

(Where new position will keep the position name, and account equity would be tracked by the TradePlan)

That would just buy or sell the net between the current open position and the desired new position, I have worked with this:

TradesAllowed = AllOrders
If TradeDayOfMonth = 1 Then
    SetTradeRisk(PointRisk)
    ExitLong("RLA", "LA", GetCurrentSize("LA"), 0, CloseExit, Day)
    Buy("LA", 1, 0, CloseEntry, Day)

This works fine within a Session, but not within a TradePlan, which will not recognize the buy order. Changing the buy order to:

Buy("LA", 1, 0, Market, Day)

still works within a Session but not within a TradePlan. What's up with this? Why doesn't the TradePlan accept all trades generated by the Sessions? Are there any other instances where a TradePlan might skip trades generated within the Sessions?

Changing the name of the buy order works sometimes, but only if the name is kept within quotes as opposed to stored as a variable, be it String, Integer or BarArray. For example, this still works fine within a Session, if n has been defined as a BarArray:

If TradeDayOfMonth = 1 Then
    ExitLong("RLA" + n, "LA" + n, GetCurrentSize("LA" + n), 0, CloseExit, Day)
    n = n + 1
    Buy("LA" + n, 1, 0, CloseEntry, Day)

Producing a series of trades for the entire length of the position that could look like this:

Buy/Sell          Entry date          Entry name          Exit date          Exit name

Buy                 91-01-16           LA1                   91-02-01         RLA1
Buy                 91-02-01           LA2                   91-03-01         RLA2
Buy                 91-03-01           LA3                   91-04-01         RLA3
Buy                 91-04-01           LA4                   91-04-12         XLA4
Sell                  91-05-09          SB1                    And so on

(Depending on the money management used within the Session the number of contracts bought and sold would vary correctly)

But within a TradePlan the same sequence of trades would be reduced to:

Buy/Sell          Entry date          Entry name          Exit date          Exit name

Buy                 91-01-16           LA1                   91-02-01         RLA1
Sell                  91-05-09          SB1

My question is, how do I make this work within both a Session and a TradePlan? And again I need to ask, why isn't the TradePlan accepting all trades from the Session as it is?

/Thomas Stridsman

ps. I too have long missed the the possibility to use multiple SetTradeRisk. Or at least individually for long and short trades. The function could work like this SetTradeRisk(”Buy”, PointRisk), indicating it would only apply to an entry with the same name. For years I have worked around this by separating all my systems into long and short versions.

pps. It's May 19. The latest indication for a software update mentioned May 15. How's it coming?