No entry after not working?

• 09/24/2021 at 1:20 PM #178303
  egyptiantrader

  I’ve added some no entry code (straight from the simplified creation tool in bold below) but its having no effect even when I change the time so I’m trading from 8 hrs to less than an hour a day? Trades are still showing in back test after the no entry time?

  No idea why this isn’t working?

  Help please.

   

  // Definition of code parameters
  DEFPARAM CumulateOrders = False // Cumulating positions deactivated
  // The system will cancel all pending orders and close all positions at 0:00. No new ones will be allowed until after the “FLATBEFORE” time.
  DEFPARAM FLATBEFORE = 143500
  // Cancel all pending orders and close all positions at the “FLATAFTER” time
  DEFPARAM FLATAFTER = 220000

  // Prevents the system from placing new orders to enter the market or increase position size after the specified time
  noEntryAfterTime = 145500
  timeEnterAfter = time < noEntryAfterTime

  // Prevents the system from placing new orders on specified days of the week
  daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0

  

  egyptiantrader

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  09/24/2021 at 2:45 PM #178310
  robertogozzi

  These two commands:

  • DEFPARAM FLATBEFORE = 143500
    DEFPARAM FLATAFTER   = 220000

  mean that you do NOT want any trade open before 143500 AND after 220000.

  This further instruction:

  • noEntryAfterTime = 145500
    timeEnterAfter = time < noEntryAfterTime

  means that you can enter a trade BEFORE 145500 (but AFTER 143500 as from above).

  So your trades can only be opened between 143500 AND 145459.

  If you trade on a 15-minute TF you can only enter at 144500. On a higher TF no trade will ever be opened.

  In any case at 220000 ALL trades will be closed.

   

  

  robertogozzi

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  09/24/2021 at 3:32 PM #178313
  egyptiantrader

  Yes I agree with what you have said but that’s not how the back test results are working. I’m on a 5m timeframe and only adjusted the noentrytime to 14:55 test it. I’m seeing no effect no matter what time I enter?

   

  See attached results:

  One image is the results with no restriction on entry between 14:35 and 22:00

  The other is image is as above but no entries allowed after 16:00.

  There’s no difference when they definitely should be?

   

  

  egyptiantrader

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  09/24/2021 at 6:55 PM #178329
  robertogozzi

  To check results I need the working code in order to be able to replicate your trades.

   

  

  robertogozzi

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  09/27/2021 at 9:48 AM #178540
  egyptiantrader

  //————————————————————————-
  // Main code : EMA cross over DOW £1
  //————————————————————————-
  // Definition of code parameters
  DEFPARAM CumulateOrders = False // Cumulating positions deactivated
  // The system will cancel all pending orders and close all positions at 0:00. No new ones will be allowed until after the “FLATBEFORE” time.
  DEFPARAM FLATBEFORE = 143500
  // Cancel all pending orders and close all positions at the “FLATAFTER” time
  DEFPARAM FLATAFTER = 220000

  //// Prevents the system from placing new orders to enter the market or increase position size after the specified time
  //noEntryAfterTime = 160000
  //timeEnterAfter = time < noEntryAfterTime

  // Prevents the system from placing new orders on specified days of the week
  daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0

  ////stops trades within x bars after exit
  //ONCE BarCount = 0
  //ONCE TradeON = 1 //1=trading allowed 0=trading disbaled
  //IF OnMarket AND Not OnMarket[1] THEN
  //TradeON = 0 //disable trading
  //BarCount = 0 //reset counter
  //ENDIF
  //IF Not OnMarket THEN //Increase counter when not on market
  //BarCount = BarCount + 1
  //ENDIF
  //IF BarCount > 3 THEN
  //TradeON = 1
  //ENDIF

  //Initial balance
  myBalance5mDOW = CALL “Balance 5m DOW”

  If Time = 143000 then
  upper=highest[6](high)
  lower=lowest[6](low)
  endif

  //Conditions to enter long positions
  indicator1 = ExponentialAverage[shortT](close)
  indicator2 = ExponentialAverage[longT](close)
  c1 = (indicator1 CROSSES OVER indicator2)

  IF close >upper AND c1 AND myBalance5mDOW <minibalance AND not daysForbiddenEntry THEN
  BUY 0.5 CONTRACT AT MARKET
  ENDIF

  // Conditions to exit long positions
  indicator3 = ExponentialAverage[shortT](close)
  indicator4 = ExponentialAverage[longT](close)
  c2 = (indicator3 CROSSES UNDER indicator4)

  IF open <upper -5 OR C2 THEN
  SELL AT MARKET
  ENDIF

  //Conditions to enter SHORT positions
  indicator1 = ExponentialAverage[shortT](close)
  indicator2 = ExponentialAverage[longT](close)
  c3 = (indicator1 CROSSES UNDER indicator2)

  IF c3 AND close <lower AND not daysForbiddenEntry THEN
  SELLSHORT 0.5 CONTRACT AT MARKET
  ENDIF

  // Conditions to exit short positions
  indicator3 = ExponentialAverage[shortT](close)
  indicator4 = ExponentialAverage[longT](close)
  c4 = (indicator3 CROSSES OVER indicator4)

  IF open >lower +5 OR C4 THEN
  EXITSHORT AT MARKET
  ENDIF

  SET STOP pLOSS (stoploss)
  SET TARGET pPROFIT (TP)

  

  egyptiantrader

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  09/27/2021 at 9:52 AM #178542
  egyptiantrader

  The section is commented out at the moment  above.

  //// Prevents the system from placing new orders to enter the market or increase position size after the specified time
  //noEntryAfterTime = 160000
  //timeEnterAfter = time < noEntryAfterTime

  Thanks.

  

  egyptiantrader

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  09/27/2021 at 11:17 AM #178549
  robertogozzi

  It must be a working code.

  It’s missing:

  • indicator “Balance 5m DOW”
  • longT
  • minibalance
  • shortT
  • stoploss
  • TP

   

  

  robertogozzi

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  09/27/2021 at 12:24 PM #178554
  egyptiantrader

  //Balance 5m DOW
  //Initial Ballance calculation

  starttime = 133000
  endtime = 143000

  If Time = endtime then
  upper=highest[6](high)
  lower=lowest[6](low)
  dif=round(abs(lower-upper))

  endif

  DRAWHLINE (BB) coloured(0,200,0)
  DRAWHLINE (SB)coloured(200,0,0)

  RETURN dif

  

  egyptiantrader

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  09/27/2021 at 12:26 PM #178556
  egyptiantrader

  • longT =18
  • minibalance = 110
  • shortT = 13
  • stoploss = 35
  • TP = 450

  

  egyptiantrader

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  09/27/2021 at 5:13 PM #178585
  robertogozzi

  Ok, I see, it’s because you need to add AND timeEnterAfter to your entry conditions, so that they read:

  IF close >upper AND c1 AND myBalance5mDOW <minibalance AND not daysForbiddenEntry AND timeEnterAfter THEN IF c3 AND close <lower AND not daysForbiddenEntry AND timeEnterAfter THEN

  1 2	IF close >upper AND c1 AND myBalance5mDOW <minibalance AND not daysForbiddenEntry AND timeEnterAfter THEN IF c3 AND close <lower AND not daysForbiddenEntry AND timeEnterAfter THEN

  1 user thanked author for this post.

  egyptiantrader

  

  robertogozzi

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  09/27/2021 at 6:05 PM #178592
  egyptiantrader

  Thank you. I’ll give that a go.

  

  egyptiantrader

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