# Problem with Position reversal

Questions about MultiCharts and user contributed studies.
aiti
Posts: 41
Joined: 25 May 2009
Location: Germany
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### Problem with Position reversal

Hello MC community,

I tried a strategy when an once opened Position reaches takeprofit it should close and open a reverse Position.

Code: Select all

`inputs:   Price( Close ), LengthMA( 20 ), Distance( 0.002 ), TakeProfit( 0.0025),Lot( 25000 ),Stoploss( 0.005  );          variables:  SMA( 0 ), Exitlong( 0 ), Exitshort( 0 ), Stoplong( 0 ),Stopshort( 0 ); [IntrabarOrderGeneration = true]; SMA= Average( Price, LengthMA );Exitlong = (entryprice + TakeProfit);Exitshort = (entryprice - TakeProfit);Stoplong=(entryprice - Stoploss);Stopshort=(entryprice + Stoploss);condition1 = Currentbar > 1 and (marketposition=0) and (Close < SMA-Distance); condition2 = Currentbar > 1 and (marketposition=0) and (Close > SMA+Distance);  if condition1 then  begin                                                                     Buy ( "LE1W" ) Lot contracts this bar on close ;end;if ((marketposition = 1) and (currentcontracts = Lot))  then  begin       Sell ("LX1W" ) 2*Lot contracts next bar at Exitlong limit;       Sell ("LX1SL" ) Lot contracts next bar at Stoplong stop;end;             if condition2 then begin                                                                     sellshort ( "SE1W" ) Lot contracts this bar on close ;end;if ((marketposition = -1) and (currentcontracts=Lot))   then  begin       buytocover ("SX1W" ) 2*Lot contracts next bar at Exitshort limit;       buytocover ("SX1SL" ) Lot contracts next bar at Stopshort stop;end;       `

Instead of "close and open" MC only close the Position and starts with condition1 again.
For Future-markets I could change the code to 2 different orders instead of " 2*Lot ".

But I need this strategy in Forex markets and at IB one order costs \$ 2.50+.
So I tried to make the reversal with 1 order instead of 2.

Is there a way to force MC to sell/buy the double amount of the current open position to the opposite direction?

aiti