How to Count Number of Open long/short positions

[CPerry]

Good afternoon forum,

As per the title of this thread, I want to limit my bot from firing in many, many positions into the market. I am happy to compound and build in to positions each time an order is triggered but I would like a maximum limit to be able to manage my maximum exposure.

Is there a nice, common method used to count the number of BuyOrders and SellOrders currently open on my account in order to use these variables as limits? 

CPerry. 

[Fabio Cavalloni]

• Create some variables at the global scope.
• Reset them to 0 on every new tick.
• Cycle all your orders (MT4) or positions (MT5) and increase buy counter for each buy trade found, and sell counter for each sell trade found.
• Use your counters to check conditions and act according.

[CPerry]

Good morning Fabio, sorry I didn't see you had replied.

I can do the first two steps and the last one but how do I 'find' the amount of buy trades and sell trades? What is the line of code I need to achieve this please?

CPerry. 

[pete sw]

CPerry #:
Good morning Fabio, sorry I didn't see you had replied.

I can do the first two steps and the last one but how do I 'find' the amount of buy trades and sell trades? What is the line of code I need to achieve this please?

CPerry. 

Hi

I'm new here and just learnign myself, but one of the tutorials listed here https://www.mql5.com/en/forum/447439/page5 gave the following code that I found worked for me:

//count open positions, also detects buy and sell orders
bool CountOpenPositions(int &countBuy, int &countSell){
  countBuy  = 0;
  countSell = 0;
  int total =PositionsTotal();
  for(int i=total-1; i>=0; i--){
    ulong positionTicket = PositionGetTicket(i);
    if(positionTicket<=0){Print("Failed to get ticket");return false;}
    if(!PositionSelectByTicket(positionTicket)){Print("Failed to select position"); return false;}
    long magic;
    if(!PositionGetInteger(POSITION_MAGIC,magic)){Print("Failed to get magic");return false;}
    if(magic ==InpMagicNumber){
      long type;
      if(!PositionGetInteger(POSITION_TYPE,type)){Print ("Failed to get type");return false;}
      if(type==POSITION_TYPE_BUY){countBuy++;}
      if(type==POSITION_TYPE_SELL){countSell++;}
      }
    }
    return true;
}

[CPerry]

pete sw #:

Hi

I'm new here and just learnign myself, but one of the tutorials listed here https://www.mql5.com/en/forum/447439/page5 gave the following code that I found worked for me:

Thank you very much for taking the time to reply Pete! I'll give this a try this week. Best of luck with all your future trading mate.