2 or more pending orders in netting account for same symbol

[TomP3185]

I'm having a problem back testing my EA which opens 2 (or more) pending buy limit orders for the same symbol in a netting account. The deals associated with the 2 orders have different DEAL_TICKET and DEAL_ORDER values, but the same DEAL_POSITION_ID value. As a result, when a Take Profit (or Stop Loss) is hit for 1 deal, BOTH DEALS ARE CLOSED, even though the other deal has not yet reached its TP (or SL).

I tried using 2 different magic numbers as well, but this didn't help. I am using CTrade's BuyLimit for the orders (see below).

//    m_trade.SetExpertMagicNumber(1111);    //  No difference
      m_trade.BuyLimit(1, 4690.50, _Symbol, 4666.50, 4698.50, ORDER_TIME_GTC);

//    m_trade.SetExpertMagicNumber(2222);    //  No difference
      m_trade.BuyLimit(1, 4682.50, _Symbol, 4666.50, 4690.50, ORDER_TIME_GTC); 

So in the above example for the S&P500, price started coming down and the first order was triggered, as was the second order. Price went back up to 4690.50 which triggered the 2nd order's TP, but also prematurely closed the first order. The same phenomenom occurs with Stop Loss.

Surely there must be a way around this? 

[Vladimir Karputov]

You need:

1. Read the reference documentation: Netting System, Hedging System.

2. Work on a hedge trading account.

[TomP3185]

Vladimir Karputov #:

You need:

1. Read the reference documentation: Netting System, Hedging System.

2. Work on a hedge trading account.

Thanks for your prompt reply, Vladimir. I will read up on those. In my research, I saw the thread https://www.mql5.com/en/forum/328698  and even downloaded your 'History Deals and Orders' script.

So what you are saying is that I can only do this on a hedging account, and no workaround possible? That's a pity because I trade futures with AMP Futures, and there is no hedging account, only netting. This is a huge limitation and very restricting. I'm both surprised and disappointed.

[Dominik Egert]

How could a netting account be so different to a hedging account?

I know the differences, but I cannot think of a concept where this is against you or your money management. In the end, the hedge account is the one giving you a "false" interpretation. If that can be called false.

Think of it, you can virtually turn an underlying netting account into a hedging account, when tracking your activities as they would be handled by the hedging account.

Am I wrong?

[TomP3185]

Dominik Egert #:

How could a netting account be so different to a hedging account?

I know the differences, but I cannot think of a concept where this is against you or your money management. In the end, the hedge account is the one giving you a "false" interpretation. If that can be called false.

Think of it, you can virtually turn an underlying netting account into a hedging account, when tracking your activities as they would be handled by the hedging account.

Am I wrong?

All the above notwithstanding, I still cannot execute my 2 orders successfully on the MT5 platform.

[Vladimir Karputov]

TomP3185 #:

All the above notwithstanding, I still cannot execute my 2 orders successfully on the MT5 platform.

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2 or more pending orders in netting account for same symbol

Vladimir Karputov, 2021.11.27 07:49

You need:

1. Read the reference documentation: Netting System, Hedging System.

2. Work on a hedge trading account.

[TomP3185]

Vladimir Karputov #:

Yes, I now understand the Stop Loss and Take Profit inheritance rules for netting systems.