Defparam DrawOnLastBarOnly use

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #174155 quote
    robertogozzi
    Moderator
    Master

    Almost every trader loves selecting trading hours and trading days.

    The most common way is to use:

    TimeCond = OpenTime >= HHMMSS and OpenTime <= HHMMSS
    DayCond  = OpenDayOfWeek >= 1 AND OpenDayOfWeek <= 5
    IF MyConditions AND Not OnMarket AND TimeCond AND DayCond THEN
     .
     .
    ENDIF

    Selecting different days and custom different hours each day is a bit longer, I suggest:

    ONCE startT = 000000   //Starting TIME
    ONCE endT   = 240000   //Ending TIME
    td0         = 0 AND OpenDayOfWeek = 0 AND OpenTime >= startT AND OpenTime <= endT  //Sunday
    td1         = 1 AND OpenDayOfWeek = 1 AND OpenTime >= startT AND OpenTime <= endT  //Monday
    td2         = 1 AND OpenDayOfWeek = 2 AND OpenTime >= startT AND OpenTime <= endT  //Tuesday
    td3         = 1 AND OpenDayOfWeek = 3 AND OpenTime >= startT AND OpenTime <= endT  //Wednesday
    td4         = 1 AND OpenDayOfWeek = 4 AND OpenTime >= startT AND OpenTime <= endT  //Thursday
    td5         = 1 AND OpenDayOfWeek = 5 AND OpenTime >= startT AND OpenTime <= endT  //Friday
    td6         = 0 AND OpenDayOfWeek = 6 AND OpenTime >= startT AND OpenTime <= endT  //Saturday
    td7         = 0 AND OpenDayOfWeek > 6 AND OpenTime >= startT AND OpenTime <= endT  //unpredictable :)
    td8         = 0 AND OpenDayOfWeek < 0 AND OpenTime >= startT AND OpenTime <= endT  //very unpredictable :) :)
    tdCond      = td0 OR td1 OR td2 OR td3 OR td4 OR td5 OR td6 OR td7 OR td8

    so you can select DAYS by simply setting 0 or 1 after “=”, as you can select custom hours by changing starting and ending hours, such as starting later on Monday morning or Ending earlier on Friday night or not trading at all on Wednesday.

    You may want to use TIME instead of OPENTIME or DAYOFWEEK instead of OPENDAYOFWEEK as best suits your needs.

    You can use tdCond to (not) enter a trade:

    IF MyConditions AND Not OnMarket AND tdCond THEN
     .
     .
    ENDIF
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.

Defparam DrawOnLastBarOnly use


ProOrder: Automated Strategies & Backtesting

New Reply
Author
Summary

This topic contains 0 voices and has 0 replies.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 06/03/2020
Status: Active
Attachments: No files
Logo Logo
Loading...