Looks like SQ4 one opens one trade at a time (there are no overlapping open trades).
Please allow the ability to have open multiple positions.
At it's simplest I would like to see a couple of suggested limits:
- Max open positions
SQ4 will open new positions up to a limit (E.g. 10 - configurable). Beyond this new trades won't be opened until the open trade count falls.
- Max open drawdown
SQ4 will open new positions, up until the total open trade drawdown exceeeds a limit (E.g. 10% of balance - configurable). Beyond this new trades won't be opened until the open drawdown % falls.
an interesting idea, but we should also specify how often new trades are opened. Otherwise it might open new trades on every new tick or bar.
I created a new topic on the forum about this:
https://strategyquant.com/forum/topic/how-to-handle-strategies-that-open-multiple-trades-in-sq4/