Thread: about open / close position

hi,

may i know ...

1 ) how to close position by using Ticket ID ?
2 ) how to open position together setting for "Stop Lost" and "Stop Gain" ?

thanks ( many thanks for any sample code )

NOTE : API Version : FX Connect 1.0.3 (Beta)

Hi,

Please see the samples ClosePosition and OpenPosition in the samples folder within the folder where ForexConnect is installed.
For example, cpp samples are located in:
...\ForexConnectAPI\samples\cpp\SimpleSamples\ClosePosition
...\ForexConnectAPI\samples\cpp\SimpleSamples\OpenPosition

To open a position with Stop and Limit, you should fill additional parameters in valuemap. For details, please see Attach Stop and/or Limit Orders to the Command.

ok .. thanks. but if i do open position by valueMap.setString(O2GRequestParamsEnum.ORDER_TYPE, "OM"); and i manage to set my stop lost by -50 pips. so what values do i need to specified to valueMap.setDouble(O2GRequestParamsEnum.RATE_STOP, ???); ?

NOTE :
Programming Platform : JAVA
API Version : FX Connect 1.0.3 (Beta)

Hi,

There are two ways to specify the Stop/Limit price:
1) as a price level (for example, 1.2600)
or
2) as an offset (in pips) against the market price (for example, -50).

If you want to specify stop as a price level, use the parameter RATE_STOP. For example:

Code:

valueMap.setDouble(O2GRequestParamsEnum.RATE_STOP, mRateStop);

where mRateStop is the price level of the stop order, e.g. 1,2600.

If you want to specify stop as an offset, use a pair of PEG_OFFSET_STOP and PEG_TYPE_STOP fields. For example:

Code:

valuemap.setString(O2GRequestParamsEnum.PEG_TYPE_STOP, Constants.Peg.FromClose); // The peg stop type
valuemap.setDouble(O2GRequestParamsEnum.PEG_OFFSET_STOP, dPegStopOffset);

where dPegStopOffset is an offset in pips. For sell orders, it should be positive (e.g. "50"), for buy orders, it should be negative (e.g. "-50").

Please see also Attach Stop and/or Limit Orders to the Command

I hope this helps.