Lag in orders

• 09/17/2020 at 11:31 AM #144527
  lucien

  Hello,

  I see in a backtest that orders are placed at the next bar open. Now I have a strategy based on daily condition, but I want to place an order during the next day when the conditons are met on daily basis the previous day and the high of the current day is higher than the previous day. I do not want to wait till the next day open but I want to buy as soon as possible. I tried to work with different timeframes but get errors. I think it is easy to answer for you as experts?

  Thanks for your replies in advance

   

  

  lucien

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  09/17/2020 at 11:37 AM #144529
  Nicolas

  With MTF code you can indeed test a daily timeframe condition each 1 sec. Please post your code so we can point you how to make it.

  

  Nicolas

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  09/17/2020 at 11:57 AM #144533
  lucien

  Hi Nicolas,

  Thanks for you quick repy and your help.

   

  c1=adx[14]>30 DP = DIplus[14](close) DN = DIminus[14](close) c2=DP>DN c3=low[1]<low[2] c4=low[2]<low[3] c5=low[3]<low[4] Highnextday=high[1] //buy when high current day is higher than highnextday c6=High>High[1] condition=c1 and c2 and c3 and c4 and c5 and c6 IF NOT LongOnMarket AND voorwaarde THEN BUY 100 CONTRACTS AT MARKET ENDIF SET TARGET %PROFIT x set stop %loss y

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  c1=adx[14]>30 DP = DIplus[14](close) DN = DIminus[14](close) c2=DP>DN c3=low[1]<low[2] c4=low[2]<low[3] c5=low[3]<low[4] Highnextday=high[1]   //buy when high current day is higher than highnextday c6=High>High[1] condition=c1 and c2 and c3 and c4 and c5 and c6 IF NOT LongOnMarket AND voorwaarde THEN BUY 100 CONTRACTS AT MARKET ENDIF         SET TARGET %PROFIT x set stop %loss y

   

   

   

  SET TARGET %PROFIT x
  set stop %loss y

  

  lucien

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  09/17/2020 at 12:45 PM #144537
  Nicolas

  Seems to be only a part of the full strategy? Anyway, here is how it should be coded:

  timeframe(daily,updateonclose) c1=adx[14]>30 DP = DIplus[14](close) DN = DIminus[14](close) c2=DP>DN c3=low[1]<low[2] c4=low[2]<low[3] c5=low[3]<low[4] Highnextday=high[1] timeframe(default) //buy when high current day is higher than highnextday c6=High>dHigh(1) condition=c1 and c2 and c3 and c4 and c5 and c6 IF NOT LongOnMarket AND condition THEN BUY 100 CONTRACTS AT MARKET ENDIF SET TARGET %PROFIT x set stop %loss y

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  timeframe(daily,updateonclose) c1=adx[14]>30 DP = DIplus[14](close) DN = DIminus[14](close) c2=DP>DN c3=low[1]<low[2] c4=low[2]<low[3] c5=low[3]<low[4] Highnextday=high[1]   timeframe(default) //buy when high current day is higher than highnextday c6=High>dHigh(1) condition=c1 and c2 and c3 and c4 and c5 and c6 IF NOT LongOnMarket AND condition THEN BUY 100 CONTRACTS AT MARKET ENDIF   SET TARGET %PROFIT x set stop %loss y

  You can launch it in any inferior timeframe than the daily one. Code will be read one time each bar, 1-minute would be fine.

  

  Nicolas

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  09/17/2020 at 1:05 PM #144541
  lucien

  Thank You!

  

  lucien

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