Pause code until tomorrow

• 05/24/2019 at 6:33 PM #99391
  youngus

  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

  

  youngus

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

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

  

  JC_Bywan

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  05/27/2019 at 7:24 AM #99486
  Nicolas

  youngus wrote:

  a certain amount of profit is reached

  You mean profit of the current day?

  

  Nicolas

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

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

  if todayProfit > X then pause strategy until tomorrow endif

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  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

  

  youngus

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

  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

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  // 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

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

  I hope it is what you are looking for.

  Regards

  1 user thanked author for this post.

  Nicolas

  

  Juan Salas

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  05/30/2019 at 5:54 PM #99724
  youngus

  Hello Juan,

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

  Cheers

  

  youngus

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