Exit in given timeframe

gkozma · 2020-05-05T13:19:40+00:00

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

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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

Legend
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

Legend

@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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