Open and close trades strictly based on time

Shitforbrains · 2019-02-13T13:24:13+00:00

Hi, It’s shitforbrains here again, sorry for the noob question. I’ve looked around but have not found any code that would allow me to run a system that opens a long or short position strictly based on the time of day. For example “go long or short at 09:00 and close trade at 13:00 if neither limit or stop is hit”. It would also help a lot if I could define which weekdays the system is allowed to take trades. Any help? Regards,

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02/13/2019 at 2:24 PM #91288 quote

Shitforbrains
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Hi,

It’s shitforbrains here again, sorry for the noob question. I’ve looked around but have not found any code that would allow me to run a system that opens a long or short position strictly based on the time of day. For example “go long or short at 09:00 and close trade at 13:00 if neither limit or stop is hit”. It would also help a lot if I could define which weekdays the system is allowed to take trades.

Any help?

Regards,

02/13/2019 at 4:07 PM #91308 quote
robertogozzi
Moderator

Legend
There you go:
```
TradeON = (DayOfWeek >= 0 AND DayOfWeek <= 5)
IF time = 090000  AND TradeON AND Not OnMarket THEN
   BUY 1 CONTRACT AT MARKET
ENDIF
IF TIME = 130000 AND OnMarket THEN
   SELL AT MARKET
ENDIF
```
For Short trades just replace BUY with SELLSHORT and SELL with EXITSHORT.

Shitforbrains and randelissimo thanked this post
02/14/2019 at 9:06 AM #91346 quote

Shitforbrains
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Thanks a lot!
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Open and close trades strictly based on time

ProOrder: Automated Strategies & Backtesting

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This topic contains 2 replies,
has 2 voices, and was last updated by Shitforbrains
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Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	02/13/2019
Status:	Active
Attachments:	No files