I am long and I want to sell if it has been more than 12 hours and I a

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07/30/2026 at 8:59 AM #263029 quote

Participant

Junior

if I’m long I want to sell if it’s been more than 12 hours since I placed the order only if I’m in the red and then I want to sell if it reaches the middle of the Bollinger bands on the 4 hour graph

07/30/2026 at 9:36 AM #263033 quote

turame

Participant

Master

Hello,

Try this.I didn’t tested it.

mm20=average[20] (close) //bollinger middle

IF barindex-tradeindex(1) >= 12 and close < tradePrice then
 sell at mm20 limit
endif

Iván González and kvacksa87 thanked this post

07/30/2026 at 10:21 AM #263034 quote

Iván González

Moderator

Legend

Hi. Let’s see if this helps.

DEFPARAM CumulateOrders = False

// --- Settings ---
bbPeriod   = 20   // Bollinger period (middle band = SMA of that period)
barsFor12h = 12   // bars = 12h ON YOUR CHART TF (15m->48, 30m->24, 1h->12, 4h->3)

// --- 4H Bollinger middle band, no repainting ---
TIMEFRAME(4 hours, updateonclose)
midBB = average[bbPeriod](close)
TIMEFRAME(default)

// --- DEMO ENTRY: replace with your own entry logic ---
IF NOT LongOnMarket AND close CROSSES OVER average[50](close) THEN
   BUY 1 CONTRACT AT MARKET
ENDIF

// --- Bars elapsed since the entry (0 when flat) ---
IF LongOnMarket THEN
   barsInTrade = barindex - tradeindex
ELSE
   barsInTrade = 0
ENDIF

// --- Exit 1: 12h in the trade and still in the red ---
IF LongOnMarket AND barsInTrade >= barsFor12h AND close < positionprice THEN
   SELL AT MARKET
ENDIF

// --- Exit 2: price reaches the 4H middle band ---
IF LongOnMarket AND close crosses under midBB THEN
   SELL AT MARKET
ENDIF

// --- Graph ---
GRAPH barsInTrade AS "bars in trade"
GRAPHONPRICE midBB AS "4H BB middle"

kvacksa87 and robertogozzi thanked this post

07/30/2026 at 10:31 AM #263036 quote

kvacksa87

Participant

Junior

thank you both for the quick replies, I’ll test the codes as soon as I get time