Define a time stop

• 10/20/2020 at 12:22 PM #147892
  sebb9707

  Hi,

  I would like to define a time exit in a trading system where it sell the position after 5 days. How do I define that?

  I would also like to know how to define a sell of a postion at close of the first day with profit but with a maximum of 5 days. How would that be defined?

  Best regards,
  Sebastian B

  

  sebb9707

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  10/20/2020 at 1:03 PM #147898
  robertogozzi

  On a daily TF ?

   

  

  robertogozzi

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  10/20/2020 at 1:13 PM #147899
  sebb9707

  Hi,

  Yes, on a daily TF, please.

  Best regards,
  Sebastian B

  

  sebb9707

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  10/20/2020 at 1:32 PM #147903
  robertogozzi

  Exit after N days:

  N = 5 If OnMarket and ((BarIndex - TradeIndex) >= N) Then Sell at Market Exitshort at Market Endif

  1 2 3 4 5

  N = 5 If OnMarket and ((BarIndex - TradeIndex) >= N) Then    Sell at Market    Exitshort at Market Endif

   

  

  robertogozzi

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  10/20/2020 at 1:35 PM #147905
  robertogozzi

  Exit after N days or earlier if in profit:

  N = 5 If OnMarket and (((BarIndex - TradeIndex) >= N) or (PositionPerf > 0)) Then Sell at Market Exitshort at Market Endif

  1 2 3 4 5

  N = 5 If OnMarket and (((BarIndex - TradeIndex) >= N) or (PositionPerf > 0)) Then    Sell at Market    Exitshort at Market Endif

   

  

  robertogozzi

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  10/20/2020 at 1:59 PM #147909
  sebb9707

  Thank you so much for the help!

  Best regards,
  Sebastian B

  

  sebb9707

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