Pause code until tomorrow

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  • Author
    Posts
  • 05/24/2019 at 6:33 PM #99391 quote
    youngus
    Participant
    Junior

    Hello,

    Would someone help me with the code that will make the strategy pause until tomorrow when a target profit is hit. I want to use it in timeframe 5 minutes.
    The system will take trades but when a certain amount of profit is reached, the system will pause for the rest of the day and will continue tomorrow.

    Thank you

    05/24/2019 at 6:46 PM #99395 quote
    JC_Bywan
    Moderator
    Master

    Moderation message: Topic moved from “platform support” forum  to the more appropriate “pro order” forum

    05/27/2019 at 7:24 AM #99486 quote
    Nicolas
    Keymaster
    Master
    youngus wrote:

    a certain amount of profit is reached

    You mean profit of the current day?

    05/29/2019 at 12:44 PM #99657 quote
    youngus
    Participant
    Junior

    Yes, I was meaning the current day, something like:

    if todayProfit > X then
pause strategy until tomorrow
endif

    and the strategy will continue the day after because the todayProfit variable will be reinitialised to zero

    Thank you

    05/29/2019 at 12:56 PM #99659 quote
    Juan Salas
    Participant
    Master

    Hi Youngus,

    I think you could use this

    // STRATEGYPROFIT per DAY //////////////////////////////////////////////////////////////////////////////
// It resets the variable each new day
IF INTRADAYBARINDEX = 0 THEN
stratprofit = STRATEGYPROFIT //saves the previous day Profit
nomoretrading = 0
ENDIF
 
// Finishing DAILY operations when reaching target profit/loss
IF (STRATEGYPROFIT-stratprofit)>=40 THEN //current day's profit
SELL AT MARKET
EXITSHORT AT MARKET
nomoretrading=1
ENDIF
 
IF (STRATEGYPROFIT-stratprofit)<=-40 THEN //current day's loss
SELL AT MARKET
EXITSHORT AT MARKET
nomoretrading=1
ENDIF

    In this case, when your operation is closed and your benefit is >=40 (currency, not points) your code will not launch any more orders. It also works for daily losses.

    In order to do that you should include in every BUYING/SELLING order nometrading=0

    IF yourconditions AND nomoretrading=0 THEN
BUY 1 contract at market
ENDIF

    I hope it is what you are looking for.

    Regards

    Nicolas thanked this post
    05/30/2019 at 5:54 PM #99724 quote
    youngus
    Participant
    Junior

    Hello Juan,

    Thanks for the code. I’ll try implement it.

    Cheers

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Pause code until tomorrow


ProOrder: Automated Strategies & Backtesting

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youngus @youngus Participant
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This topic contains 5 replies,
has 4 voices, and was last updated by youngus
6 years, 9 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 05/24/2019
Status: Active
Attachments: No files
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