2 bars late on entry and exit

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10/24/2024 at 8:53 AM #239391 quote

alejandrocorbut
Participant

New

if i back test this simple code, entry and exit are 2 bars late. i want position to open or close on OPEN as the conditions are met.

new to this! any advice much appreciated

// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1 = MACD[12,26,9](Open )
c1 = (indicator1 >= 0)

IF c1 THEN
BUY 1 PERPOINT AT MARKET
ENDIF

// Conditions to exit long positions
indicator2 = MACD[12,26,9](Open )
c2 = (indicator2 < 0)

IF c2 THEN
SELL AT MARKET
ENDIF

10/24/2024 at 9:31 AM #239394 quote

GraHal
Participant

Master

Code is read at the end of each bar and positions are opened or closed at the Open of the next bar … which is only a few miliiseconds after close of previous bar.

Hope above helps, if not just say.

10/24/2024 at 9:54 AM #239395 quote

alejandrocorbut
Participant

New

thank you for feed back.

if i replace with close, is still 1 bar late.

i would like to enter position on market open.

i attach screen shot of graph showing that MACD histogram positive on oct 1 but position doesnt open till nov 1.

how do i trigger open on oct 1 when macd is positive?

// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1 = MACD[12,26,9](close)
c1 = (indicator1 >= 0)

IF c1 THEN
BUY 1 PERPOINT AT MARKET
ENDIF

// Conditions to exit long positions
indicator2 = MACD[12,26,9](close)
c2 = (indicator2 < 0)

IF c2 THEN
SELL AT MARKET
ENDIF

Screenshot-2024-10-24-at-09.49.02.jpg

10/24/2024 at 10:10 AM #239397 quote

phoentzs
Participant

Master

If this is a monthly time frame, then the “close” of a monthly bar is at the end of the month…

10/24/2024 at 10:18 AM #239398 quote

GraHal
Participant

Master

alejandrocorbut wrote:

how do i trigger open on oct 1 when macd is positive?

Use multi-Timeframe.

For example, conditions could be satisfied on a monthly timeframe, but the trade could be opened on a 1 minute timeframe … so 1 minute into the October bar or said another way … 1 minute after the end of the September bar.

Multi timeframe – MTF indicators for ProRealTime

Iván González thanked this post

10/24/2024 at 10:35 AM #239399 quote

alejandrocorbut
Participant

New

thank you! i get it now!

GraHal thanked this post
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