[pshaiBot] Simple Position Guard

Name: [pshaiBot] Simple Position Guard
Author: pshai

stable

By pshai in Trading Bots Published December 2019 👁 2,031 views 💬 2 comments

Description

Simple Position Guard is here to help you trade leverage with more confidence! It will see whether or not you have a position in the exchange and track it with trailing stop-loss and take-profit, with settings of your choice. Known issues: - Manually closing a position will be spotted by the bot, but the virtual position information the bot holds cannot be removed. To fix this, just clear the bot's history. The bot will NOT WORK in spot-markets! It is for leverage markets only!

-- Simple Position Guard
-- by pshai


EnableHighSpeedUpdates()

-- Inputs
local slPrc = Input(&#039;Trailing Stop-Loss %&#039;, 1)
local tpPrc = Input(&#039;Take-Profit %&#039;, 2)

-- User position info and variables
local cont = UserPositionContainer()
local hasPosition = Load(&#039;hp&#039;, false)
local posId = Load(&#039;pid&#039;, &#039;&#039;)
local cp = CurrentPrice()
local posDir = IfElse(posId != &#039;&#039;, GetPositionDirection(posId), NoPosition)
local posRoi = IfElse(posId != &#039;&#039;, GetPositionROI(posId), 0)
local posEp = IfElse(posId != &#039;&#039;, GetPositionEnterPrice(posId), 0)
local posAmt = IfElse(posId != &#039;&#039;, GetPositionAmount(posId), 0)

-- Check if we have a user position
if not hasPosition and (cont.isLong or cont.isShort) then
    
    LogWarning(&#039;-- Found a position in account&#039;)
    hasPosition = true

    -- Create a virtual position of it,
    -- so the bot is able to use stop-loss
    -- and take-profit commands.
    posId = CreatePosition(
        IfElse(cont.isLong, PositionLong, PositionShort),
        cont.enterPrice,
        cont.amount
        )
elseif hasPosition and posAmt != cont.amount and cont.amount &gt; 0 then
    LogWarning(&#039;-- Updating position information&#039;)

    -- Calculate difference
    local amt = Max(cont.amount, posAmt) - Min(cont.amount, posAmt)

    posId = CreatePosition(
        IfElse(cont.isLong, PositionLong, PositionShort),
        cont.enterPrice,
        amt,
        {
            positionId = posId
        }
        )
elseif hasPosition and cont.amount == 0 then
    LogWarning(&#039;-- Position closed manually, tracking stopped...&#039;)
    LogWarning(&#039;-- Remember to CLEAR HISTORY!&#039;)

    CreatePosition(
        NoPosition,
        0,
        0,
        {
            positionId = posId
        }
        )

    posId = &#039;&#039;
    hasPosition = false
end

-- Update virtual position information just
-- so we dont have to wait for the next update.
if posId != &#039;&#039; then
    posDir = GetPositionDirection(posId)
    posRoi = GetPositionROI(posId)
    posEp = GetPositionEnterPrice(posId)
    posAmt = GetPositionAmount(posId)
end


-- Check if we should be tracking the virtual position
if hasPosition and posDir != NoPosition then
    LogWarning(&#039;-- Tracking Position: &#039;..IfElse(posDir==PositionLong, &#039;Long&#039;, &#039;Short&#039;))
    LogWarning(&#039;-- Position Size: &#039;..posAmt)
    LogWarning(&#039;-- Current ROI%: &#039;..posRoi)
    LogWarning(&#039;-- Price Change %: &#039;..Round(Delta(cp.close, posEp), 4))

    if not IsAnyOrderOpen(posId) then
        if TrailingStopLoss(slPrc, posId) then
            LogWarning(&#039;-- STOP-LOSS HIT!&#039;)
            DoExitPosition(&#039;SL [&#039;..Round(posRoi, 3)..&#039;%]&#039;)

            hasPosition = false -- reset variable
            posId = &#039;&#039;

        elseif TakeProfit(tpPrc, posId) then
            LogWarning(&#039;-- TAKE-PROFIT HIT!&#039;)
            DoExitPosition(&#039;TP [&#039;..Round(posRoi, 3)..&#039;%]&#039;)

            hasPosition = false -- reset variable
            posId = &#039;&#039;

        end
    end

    LogWarning(&#039;------------------------------------------------&#039;)
end

Save(&#039;hp&#039;, hasPosition)
Save(&#039;pid&#039;, posId)

2 Comments

zpeach over 6 years ago

Great script. FYI for other users... I had one issue with my setup. When I ran this script with a "Main Interval" of 1 minute and had the "Main Chart" at 1 minute the position information was not saving and the position kept increasing on each check. For example if the actual Bitmex XBT position was 34 contracts on the next passes the virtual position is 34, then 68, then 102, and so on. This all happened within minutes of starting the script. When I changed the Main Interval to 5 minutes, cleared the log, and restarted the script the virtual position remained at 34 and everything worked very well.

pshai over 6 years ago

Hey zpeach, thanks for the tip!