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coh123 · 2024-08-06T12:21:46+00:00

Hi there I am trying to create a new algorithm that enters into the market as soon as the conditions are triggered rather than after the close. Is this possible? I know there has been a few big updates so I was wondering if this is now allowed. Many thanks for your help

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08/06/2024 at 1:21 PM #236171 quote

coh123
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New

Hi there I am trying to create a new algorithm that enters into the market as soon as the conditions are triggered rather than after the close. Is this possible? I know there has been a few big updates so I was wondering if this is now allowed. Many thanks for your help

08/06/2024 at 1:56 PM #236172 quote

JS
Participant

Master

Hi,

In PRT, the code is read after the Close of the bar, so conditions that are triggered during the formation of the bar will (still) be executed after the Close of the bar… (for buy/sell on the Open of the next bar

Short answer: unfortunately not possible

08/06/2024 at 5:27 PM #236177 quote

robertogozzi
Moderator

Legend

JS is right in general, but since the Multi Time Frame support was added, a few years ago, it’s indeed possible to achieve your goal. Coding with multiple timeframes is not so complicated, but it requires a few additional skills that you can learn reading the hundreds of examples, posts and blogs on the subject. Search this forum for the MTF word and you will be returned dozens of links to tons of lines of code and info.

08/27/2024 at 8:23 AM #236735 quote

Niklas87
Participant

New

Another way is to use stop/limit orders. Tho the stratergy have to be made acordingly (place the order to sett a buy limit earlyer), but for a brakeout strategy is one way to do it.
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