Exit in given timeframe

• 05/05/2020 at 2:19 PM #130044
  gkozma

  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

   

  

  gkozma

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  05/05/2020 at 2:56 PM #130055
  robertogozzi

  20 minutes is 4 bars, si you can write:

  IF BarIndex >= (TradeIndex + 4) THEN SELL AT MARKET EXITSHORT AT MARKET ENDIF

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  IF BarIndex >= (TradeIndex + 4) THEN    SELL      AT MARKET    EXITSHORT AT MARKET ENDIF

   

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  robertogozzi

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  05/05/2020 at 2:59 PM #130056
  Juan Salas

  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

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  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

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  gkozma

  

  Juan Salas

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  05/05/2020 at 3:01 PM #130057
  Juan Salas

  Roberto,

  You are too fast for me :)))

  

  Juan Salas

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  05/05/2020 at 3:27 PM #130060
  gkozma

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

  

  gkozma

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  05/05/2020 at 3:54 PM #130067
  robertogozzi

  @Juan Salas

  it’s good to have two different working approaches!

   

  

  robertogozzi

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  05/05/2020 at 4:13 PM #130087
  Vonasi

  ….and I would have done it like this:

  if barindex - tradeindex = 4 then

  1	if barindex - tradeindex = 4 then

  …so that’s three ways.

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  Vonasi

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