Codes for not opening trades at month end

Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • 08/22/2021 at 3:00 PM #175916 quote
    phanz
    Participant
    Average

    Hi,

    Is there a code that tell your algo not to open any trade at month end?  Month-end here will mean the last business day of the month and not the last day of the month.  Thank you.

    08/22/2021 at 4:38 PM #175920 quote
    robertogozzi
    Moderator
    Master

    There you go (not tested):

    If OpenMonth <> OpenMonth[1] Then
   OM      = OpenMonth
   OD      = OpenDay
   ODW     = OpenDayOfWeek
   OY      = OpenYear
   LastDay = 31
   If OM = 4 or OM = 6 or OM = 9 or OM = 11 Then
      LastDay = 30
   Endif
   If OM = 2 Then
      LastDay = 28
      If OY mod 4 = 0 Then
         If OY mod 100 = 0 Then
            If OY mod 400 = 0 Then
                LastDay = 29
            Endif
         Else
            LastDay = 29
         Endif
      Endif
   Endif
   EOM = OD      //EOM=End Of Month
   For i = OD + 1 To LastDay
      ODW = ODW + 1
      If ODW <= 5 Then
         EOM = i
      Elsif ODW = 7 Then
         ODW = 0
      Endif
   Next
Endif
//
TradeON = 1
If Day = EOM Then
   TradeON = 0
Endif
//
If MyLongConditions And TradeON And Not OnMarket Then
   Buy 1 contract at Market
Endif

    Use TradeON to enter a new trade.

    EOM only recognizes regular weekend days, not National, Bank, Labor holidays, etc…

    phanz and atxeel thanked this post
    08/22/2021 at 4:46 PM #175921 quote
    phanz
    Participant
    Average

    Thanks Roberto!  I was just thinking maybe need to hard-code a set of specific dates to tell the algo not to trade on those dates but the algo that you have suggested is awesome!  Thank you!

    08/22/2021 at 4:51 PM #175922 quote
    GraHal
    Participant
    Master

    Link to code above added as Log 303 here …

    Snippet Link Library

    robertogozzi and atxeel thanked this post
    08/22/2021 at 5:24 PM #175928 quote
    robertogozzi
    Moderator
    Master

    Yes, you can certainly add any date not to be traded in addition to EOM.

    Usually holidays are known well before Jan. 1st.

    phanz thanked this post
  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.

Codes for not opening trades at month end


ProOrder: Automated Strategies & Backtesting

New Reply
Author
author-avatar
phanz @phanz Participant
Summary

This topic contains 4 replies,
has 3 voices, and was last updated by robertogozzi
4 years, 5 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 08/22/2021
Status: Active
Attachments: No files
Logo Logo
Loading...
Do you like cookies? 🍪 We use cookies to ensure you get the best experience on our website. (Learn more)
©2026 ProRealCode - Trading & Coding with ProRealTime™