Exit in given timeframe

Viewing 7 posts - 1 through 7 (of 7 total)
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  • 05/05/2020 at 2:19 PM #130044 quote
    gkozma
    Participant
    New

    Hi All,

    Can anyone help with a coding question?  I would like the also to exit the position after a certain time, ie on the 5 minutes chart, i would like the position to close 20 minutes after entry.

     

    thank you

    05/05/2020 at 2:56 PM #130055 quote
    robertogozzi
    Moderator
    Master

    20 minutes is 4 bars, si you can write:

    IF BarIndex >= (TradeIndex + 4) THEN
   SELL      AT MARKET
   EXITSHORT AT MARKET
ENDIF
    Juan Salas and gkozma thanked this post
    05/05/2020 at 2:59 PM #130056 quote
    Juan Salas
    Participant
    Master

    Hi Gokzma,

    Remember using the proper forum. ProBuilder is for indicators and ProOrder for strategies. I have already moved your topic to ProOrder. Read the forum rules in case you have any doubt.

    Regarding your question, I attached a piece of code that you can use:

    IF condition AND NOT ONMARKET THEN
BUY 1 CONTRACT AT MARKET // Once your condition is met, the code will buy at market
x = barindex // x = number of the candle in which we have opened the operation
ENDIF
 
IF barindex = x + n THEN  // n is the number of candles after the opening. Since you are in a 5 m TF, and want to close after 20 m, then n=4
SELL AT MARKET
ENDIF

    I hope it is ok,

    Juan

    gkozma thanked this post
    05/05/2020 at 3:01 PM #130057 quote
    Juan Salas
    Participant
    Master

    Roberto,

    You are too fast for me :)))

    05/05/2020 at 3:27 PM #130060 quote
    gkozma
    Participant
    New

    Much appreciate, apologies for posting it in the wrong forum in the first place.

    05/05/2020 at 3:54 PM #130067 quote
    robertogozzi
    Moderator
    Master

    @Juan Salas

    it’s good to have two different working approaches!

    05/05/2020 at 4:13 PM #130087 quote
    Vonasi
    Moderator
    Master

    ….and I would have done it like this:

    if barindex - tradeindex = 4 then

    …so that’s three ways.

    robertogozzi and Juan Salas thanked this post
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Exit in given timeframe


ProOrder: Automated Strategies & Backtesting

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gkozma @gkozma Participant
Summary

This topic contains 6 replies,
has 4 voices, and was last updated by Vonasi
5 years, 9 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 05/05/2020
Status: Active
Attachments: No files
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