Close on Money Target Strategy Diagram
This diagram demonstrates a money-based emergency exit around the SMA(10)/SMA(30) direction logic. Entries are deliberately pending limits, so reaching an unrealized profit or loss boundary gives Mass order cancellation real work before ClosePosition flattens exposure.
Strategy Overview
- Finished five-minute candles feed fast and slow simple moving averages; Greater and Less evaluate their state on every candle rather than waiting for a crossing event.
- Bullish state with Position <= 0 submits a buy limit at the close; bearish state with Position >= 0 submits a sell limit.
- Volume is abs(Position) plus base volume, preserving the source's close-then-open reversal as one net order.
- P&L change compares unrealized strategy result with +300 and -150 in account currency.
- Either boundary simultaneously requests Mass order cancellation and a market ClosePosition.
Entry and Exit Rules
- Long entry: Fast SMA is above slow SMA and Position is flat or short. A buy limit at the finished close uses enough volume to cover a short and leave one base unit long.
- Short entry: Fast SMA is below slow SMA and Position is flat or long. A sell limit at the finished close uses enough volume to cover a long and leave one base unit short.
- Exit: Unrealized P&L >= 300 or <= -150 cancels all active strategy orders and closes the current position at market. Once P&L returns to zero, the threshold signal clears and the strategy may trade again.
Parameters
| Parameter | Default | Description |
|---|---|---|
| Candle Time Frame | 00:05:00 | Finished-candle interval used by both simple moving averages and entry decisions. |
| Fast SMA Length | 10 | Number of values in the fast SimpleMovingAverage. |
| Slow SMA Length | 30 | Number of values in the slow SimpleMovingAverage. |
| Base Volume | 1 | Position size retained after a flat entry or net reversal. |
| Profit Target, money | 300 | Unrealized strategy profit in account currency that triggers liquidation. |
| Loss Limit, money | -150 | Unrealized strategy loss boundary in account currency; keep it negative. |
Diagram Details
- The C# RequestCloseAll method is never called; its live path only trades SMA state with market orders. This diagram implements the strategy's advertised money-exit intent explicitly.
- The source parameters are portfolio equity levels and default to zero, which is not useful. The diagram instead uses strategy PnLUnreal with replay-oriented values +300 and -150.
- Limit-at-close entries replace the source's market orders so working orders exist for Mass order cancellation. Price shrinking is disabled for replay securities that do not declare a price step.
- The source would call Stop after liquidation. The diagram intentionally remains active, allowing the monthly backtest to demonstrate repeated entry and exit cycles.
Usage
Import the .json file into Designer, run it in the backtester on historical data, then adjust the parameters or the blocks themselves to fit your instrument before trading it live.