How to code trade only trade hours if trading hours cross midnight ?

• 10/05/2021 at 9:48 AM #179059
  SkippyTrader

  How to make the strategy trade throughout trade hours if the hours cross to the next day –  when the exchanges trade hours cross over midnight ?

  For example the DAX: Opens = 1800 AEDT,  Closes =0930 AEDT (the following day).

  How as such to code FLATBEFORE 1800, and FLATAFTER 09:30 (the next day) ?  Without having issue of having to do 2 different strategies and the lose of money from the spread by having to  sell/close at 235959 and then buy/open at 000001.

  Or is there any  way that strategies could be coded to avoid different times too, eg. for the USDJPY to be closed at end of USA trade (0630) until start of Japan trade (1130) to avoid whiplashes)

  Thanks in advance 🙂

  

  SkippyTrader

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  10/05/2021 at 3:19 PM #179091
  robertogozzi

  This will do:

  StartTime = 180000 //try also 110000 EndTime = 093000 //try also 160000 TradeON = 0 IF OnMarket THEN SELL AT Market ENDIF IF StartTime <= EndTime THEN TradeON = (time >= StartTime) AND (Time <= EndTime) ELSE TradeON = ((time >= StartTime) AND (Time < 240000)) OR ((Time >= 000000) AND (Time <= EndTime)) ENDIF IF Not OnMarket AND Tradeon then BUY AT Market ENDIF

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  StartTime = 180000  //try also 110000 EndTime   = 093000  //try also 160000 TradeON   = 0 IF OnMarket THEN    SELL AT Market ENDIF IF StartTime <= EndTime THEN    TradeON = (time >= StartTime) AND (Time <= EndTime) ELSE    TradeON = ((time >= StartTime) AND (Time < 240000)) OR ((Time >= 000000) AND (Time <= EndTime)) ENDIF IF Not OnMarket AND Tradeon then    BUY AT Market ENDIF

  TradeON will be true whenever the candle is within the chosen time range.

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  robertogozzi

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  10/06/2021 at 4:17 AM #179106
  PeterSt

  IF OnMarket THEN SELL AT Market ENDIF

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  IF OnMarket THEN    SELL AT Market ENDIF

  Roberto, what do you intend with this ? It looks like you were in a hurry somewhat. 🙂

  SkippyTrader wrote:

  Or is there any  way that strategies could be coded to avoid different times too, eg. for the USDJPY to be closed at end of USA trade (0630) until start of Japan trade (1130) to avoid whiplashes)

  Assumed I understood correctly : I think I would dive into over-creativity and code something like

  TradeOn = 0 TradeBailOut = 0 InstrIsEURUSD = 0 InstrIsEURGBP = 0 InstrIsUSDJPY = 0 If Close > 1.14 and Close < 1.19 then // EUR/USD ? InstrIsEURUSD = 1 TradeOn = 1 Endif If Close > 0.81 and Close < 0.91 then // EUR/GBP ? InstrIsEURGBP = 1 TradeOn = 1 Endif If Close > 106 and Close < 117 then // USD/JPY ? InstrIsUSDJPY = 1 TradeOn = 1 Endif If TradeEURUSD then // Here the code for the EUR/USD TradeOn times and other pair specialties : // If ... etc. then // TradeOn = 1 // endif // Here the code for the EUR/USD Bail-out times : // If ... etc. then // TradeBailOut = 1 // endif endif If TradeEURGBP then // Here the code for the EUR/GBP TradeOn times and other pair specialties : // If ... etc. then // TradeOn = 1 // endif // Here the code for the EUR/GBP Bail-out times : // If ... etc. then // TradeBailOut = 1 // endif endif If TradeUSDJPY then // Here the code for the USD/JPY TradeOn times and other pair specialties : // If ... etc. then // TradeOn = 1 // endif // Here the code for the USD/JPY Bail-out times : // If ... etc. then // TradeBailOut = 1 // endif endif // Bail out before Settlement (end of day etc.) : If OnMarket then If TradeBailOut // My Sell At Market code. endif TradeOn = 0 endif If TradeOn then // My General Fx Strategy code. endif

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  TradeOn = 0 TradeBailOut = 0 InstrIsEURUSD = 0 InstrIsEURGBP = 0 InstrIsUSDJPY = 0   If Close > 1.14 and Close < 1.19 then   // EUR/USD ?   InstrIsEURUSD = 1   TradeOn = 1 Endif   If Close > 0.81 and Close < 0.91 then   // EUR/GBP ?   InstrIsEURGBP = 1   TradeOn = 1 Endif   If Close > 106 and Close < 117 then     // USD/JPY ?   InstrIsUSDJPY = 1   TradeOn = 1 Endif   If TradeEURUSD then   // Here the code for the EUR/USD TradeOn times and other pair specialties :   // If ... etc. then   //   TradeOn = 1   // endif     // Here the code for the EUR/USD Bail-out times :   // If ... etc. then   //   TradeBailOut = 1   // endif endif   If TradeEURGBP then   // Here the code for the EUR/GBP TradeOn times and other pair specialties :   // If ... etc. then   //   TradeOn = 1   // endif     // Here the code for the EUR/GBP Bail-out times :   // If ... etc. then   //   TradeBailOut = 1   // endif endif   If TradeUSDJPY then   // Here the code for the USD/JPY TradeOn times and other pair specialties :   // If ... etc. then   //   TradeOn = 1   // endif     // Here the code for the USD/JPY Bail-out times :   // If ... etc. then   //   TradeBailOut = 1   // endif endif   // Bail out before Settlement (end of day etc.) :   If OnMarket then     If TradeBailOut     // My Sell At Market code.   endif     TradeOn = 0 endif   If TradeOn then    // My General Fx Strategy code. endif

  IOW, welcome to my monster.

  This would work as long as I regularly revisit the code and actualise the bands to recognise the pairs. Obviously there should not be any overlap between the pairs.

  Please notice that in the end this will not be workable really, because of too many specifics for the pair. Thus, you won’t be able to capture all in the same strategy code. But this is up to you of course.

  Good luck !
  Peter

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  10/06/2021 at 5:30 AM #179108
  robertogozzi

  My fault, lines 4-5-6 have no relation with the time question.

  I still had it in my mind from what I had written a few minutes before!

  They correct code is:

  StartTime = 180000 //try also 110000 EndTime = 093000 //try also 160000 TradeON = 0 IF StartTime <= EndTime THEN TradeON = (time >= StartTime) AND (Time <= EndTime) ELSE TradeON = ((time >= StartTime) AND (Time < 240000)) OR ((Time >= 000000) AND (Time <= EndTime)) ENDIF IF Not OnMarket AND Tradeon then BUY AT Market ENDIF

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  StartTime = 180000  //try also 110000 EndTime   = 093000  //try also 160000 TradeON   = 0 IF StartTime <= EndTime THEN    TradeON = (time >= StartTime) AND (Time <= EndTime) ELSE    TradeON = ((time >= StartTime) AND (Time < 240000)) OR ((Time >= 000000) AND (Time <= EndTime)) ENDIF IF Not OnMarket AND Tradeon then    BUY AT Market ENDIF

   

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