Closing a Position

Closing a position is a simple way to close an open position. This is useful if you want to close a position at once, for example when you want to exit a position when a certain condition is met.

Method

tm.close_position(order, comment="", tags={})

Inputs

Parameter	Argument type	Description	Default Value
order	Order	Order to close	-
comment	Optional[str]	Comment to add to the order	""
tags	Optional[Dict[str, str]]	Tags to add to the order	{}

Outputs

Order that was created to close the position.

Example usage

The below example shows how to close orders in the following scenarios:

1. Close all pending orders
2. Close all open position orders manually

strategy.py

import tradomate as tm

@tm.strategy()
def my_strategy(config: tm.TradomateConfig, data: tm.TradomateData):

    # ... Your strategy code here

    # Close all pending orders
    pending_orders = tm.get_all_pending_orders()
    for order in pending_orders:
        # Close a position
        order = tm.close_position(order, comment="Closing position", tags={"reason": "Stop loss"})

    # Close all open position orders manually
    open_position_orders = tm.get_all_open_orders()
    for order in open_position_orders:
        # Close a position
        order = tm.close_position(order, comment="Closing position", tags={"reason": "Stop loss"})

    # ... Your strategy code here