How to buy at close?

• 12/13/2018 at 3:17 PM #87021
  hoggan

  Hello!

  I’m new to PRT and having some problems with the code.

  I want to apply this on a daily chart.

  I want to buy at the close in the daily chart. But now it´s buying the next day.

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions indicator1 = Stochastic[2,1](close) c1 = (indicator1 <= 10) indicator2 = BollingerBandWidth[20](close) c2 = (indicator2 >= 0.10) IF c1 and c2 THEN BUY 1 CONTRACT AT MARKET ENDIF //Exit IF LONGONMARKET AND (BarIndex-TradeIndex) >= 4 THEN SELL AT MARKET ENDIF //Sälj IF LONGONMARKET AND CLOSE > 1.001 * TRADEPRICE THEN SELL AT MARKET ENDIF

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated   // Conditions to enter long positions indicator1 = Stochastic[2,1](close) c1 = (indicator1 <= 10) indicator2 = BollingerBandWidth[20](close) c2 = (indicator2 >= 0.10)   IF c1 and c2 THEN BUY 1 CONTRACT AT MARKET   ENDIF     //Exit IF LONGONMARKET AND (BarIndex-TradeIndex) >= 4 THEN SELL AT MARKET ENDIF //Sälj IF LONGONMARKET AND CLOSE > 1.001 * TRADEPRICE THEN SELL AT MARKET ENDIF

  Grateful for any help with this issue 🙂

   

  

  hoggan

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  12/13/2018 at 3:51 PM #87028
  robertogozzi

  Strategies are always run at each candle close, so any trade AT MARKET is immediately open, which is the day following the setup bar.

  

  robertogozzi

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  12/13/2018 at 11:10 PM #87060
  hoggan

  oops i see i have put this in the French forum maby some moderator can help move it.

  If i want to enter the trade on the day i get my buy signal on close how should i code that ?

  

  hoggan

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  12/14/2018 at 1:10 AM #87067
  robertogozzi

  There you are, like I said in my previous post:
  <pre class=”lang:probuilder decode:true “>IF MyConditions AND Not OnMarket THEN
  BUY AT MARKET
  ENDIF
  On a daily chart, If your conditions are true when the Monday bar closes, then a trade will be opened as soon as the Tuesday bar opens.

  To open a trade on any bar your conditions must be true the previous bar.

  You cannot open a trade on the same bar where conditions are true, simply because strategies are executed ALWAYS when a bar closes.

  If you are using higher TF’s, you can mitigate the (micro) delay using Multiple Time Frames, a feature introduced a few months ago and still being beta tested on demo accounts only.

  This will allow you to enter a trade on a smaller TF while checking conditions on a higher TF. But… no matter what, trades will be opened when a candle closes.

  If your conditions are true on the DAILY chart you may use a 1-Minute TF to enter the trade the same day, even just 1 minute before the daily chart closes, but still when 1-minute chart closes not while it is being formed.

  https://www.prorealcode.com/blog/learning/approach-multi-timeframe-trading-prorealtime/

  https://www.prorealcode.com/documentation/timeframe-probacktest-proorder/

  https://www.prorealcode.com/topic/betatesting-multitimeframe-support-automatic-trading/

   

   

   

  

  robertogozzi

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  12/18/2018 at 7:06 PM #87391
  hoggan

  I´m not getting this to work.  I´m getting this error no mather what i do.(See Attachment)

  I also tried copy/paste of the first code on this link: https://www.prorealcode.com/blog/learning/approach-multi-timeframe-trading-prorealtime/  It´s still the same error message.

  This is my current code:

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated timeframe(daily) // Conditions to enter long positions indicator1 = Stochastic[2,1](close) c1 = (indicator1 <= 10) indicator2 = BollingerBandWidth[20](close) c2 = (indicator2 >= 0.10) timeframe(1 minute,updateonclose) IF c1 and c2 THEN BUY 1 CONTRACT AT MARKET ENDIF timeframe(daily) //Exit on day five IF LONGONMARKET AND (BarIndex-TradeIndex) >= 4 THEN SELL AT MARKET ENDIF //Dstat ? IF LONGONMARKET AND CLOSE > 1.001 * TRADEPRICE THEN SELL AT MARKET ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated timeframe(daily) // Conditions to enter long positions indicator1 = Stochastic[2,1](close) c1 = (indicator1 <= 10) indicator2 = BollingerBandWidth[20](close) c2 = (indicator2 >= 0.10) timeframe(1 minute,updateonclose) IF c1 and c2 THEN BUY 1 CONTRACT AT MARKET   ENDIF   timeframe(daily) //Exit on day five IF LONGONMARKET AND (BarIndex-TradeIndex) >= 4 THEN SELL AT MARKET ENDIF //Dstat ? IF LONGONMARKET AND CLOSE > 1.001 * TRADEPRICE THEN SELL AT MARKET ENDIF

   

   

  

  hoggan

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  12/18/2018 at 7:40 PM #87397
  robertogozzi

  When using Multiple Time Frames, the main TF (the default one, which is on the chart and from which the strategy is launched) MUST be the lowest TF, in this case 1-minute TF.

  All other TF’s need to be multiple of this main TF.

  You strategy can be launched from 1-minute or lower TF, say 10 seconds or 20 seconds, but NOT 7 seconds because 1-minute, which is 60 seconds, is not a multiple of 7 seconds!

   

   

  

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