Pause code until tomorrow

youngus · 2019-05-24T17:33:11+00:00

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

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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

Legend

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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