Codes for not opening trades at month end

• 08/22/2021 at 3:00 PM #175916 Report
  phanz

  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.

  

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  08/22/2021 at 4:38 PM #175920 Report
  robertogozzi

  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

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  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…

   

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  robertogozzi

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  08/22/2021 at 4:46 PM #175921 Report
  phanz

  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!

   

   

  

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  08/22/2021 at 4:51 PM #175922 Report
  GraHal

  Link to code above added as Log 303 here …

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  robertogozzi

  

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  08/22/2021 at 5:24 PM #175928 Report
  robertogozzi

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

  Usually holidays are known well before Jan. 1st.

   

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