Celebrate Independence Day with MultiCharts! Get super low prices
+1 888 340 6572 Try free for 30 days
MultiCharts Project Management
previous_open_issue.png
Go to the previous open issue
previous_issue.png
Go to the previous issue (open or closed)
star_faded.png
Please log in to bookmark issues
feature_request_small.png
Open Feature request MC-276

Position sizing: prevent partial fills

action_vote_minus_faded.png
2
Votes
action_vote_plus_faded.png
next_issue.png
Go to the next issue (open or closed)
next_open_issue.png
Go to the next open issue
Description

This issue is discussed in this thread on the support forum:

http://www.multicharts.com/discussion/viewtopic.php?f=1&t=8438&p=39506#p39506

 
Currently, I might set a position size of $10,000 per automated trade (rounded downward).  This works fine as long as there is at least $10,000 in available capital. MultiCharts will buy about $10,000 worth of securities.
However, if there is a lower amount of available capital (e.g., $1,000 or $5,000), then MultiCharts will place a buy or limit order for a smaller amount of securities that matches the availability capital (e.g., just $1,000 or $5,000 worth of securities).    This is a particular problem if the available capital is just $100 or $200 -- then it places tiny trades that are basically just "noise" and generate additional broker fees.
I would like to have an option that says "trade only if there's sufficient capital for a complete fill, and don't make partial fills."  Even better would be to have a "minimum fill" setting -- i.e., logic that says "only trade if there's at least $___ available for the fill."  For example, I could then have it execute fills at anywhere between $2,500 and $10,000, depending on available capital, but no lower.

Steps to reproduce this issue

See support thread.

Comments (0)
History
Issue basics
  • Type of issue
    Feature request
  • Category
    Usability
  • Targeted for
    Not determined
  • Status
    Under Review
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
    Not triaged
Affected by this issue (3)
People involved
  • Posted by
    user-offline.png  Xyzzy (Xyzzy)
  • Owned by
    Not owned by anyone
  • Assigned to
    Not assigned to anyone
  • Subscribers
    0 subscriber(s)
    Click here to show the list of subscribers
Times and dates
  • Posted at
  • Last updated
Issue details
  • Resolution
    Not determined
  • Severity
    Normal
Attachments (0)
There is nothing attached to this issue
Commits (0)
There are no code checkins for this issue
Duplicate issues (0)
This issue does not have any duplicates