Prevent closing of the position at certain times.

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07/11/2021 at 4:47 PM #173479 quote

Paolo.B
Participant

Average

Kindly I need some help.
I would like to prevent a position from closing at certain times.
For example do not close a position from 01 to 06 in the morning.
Thank you

07/11/2021 at 7:49 PM #173481 quote
robertogozzi
Moderator

Master
Well… if you have set some TP, the trade will be closed when it’s hit and you can’t help it.

If you have conditions to exit a trade, then you can prevent it from being closed:
```
// LONG entry
If close crosses over average[20] and not OnMarket then
   Buy at market
Endif
// LONG exit
If close crosses under average[20] and LongOnMarket and time >= 070000 and time < 220000 then
   Sell at market
Endif
```
Paolo.B thanked this post
07/11/2021 at 8:46 PM #173482 quote
GraHal
Participant

Master
So you can’t use TP conditions as below Roberto?
```
If Time > 070000 and Time < 210000 Then
Set target %profit 1
Endif
```
07/11/2021 at 8:51 PM #173483 quote

robertogozzi
Moderator

Master

Yes, indeed it’s possible, 0 should disable it.

GraHal thanked this post

07/12/2021 at 2:37 PM #173512 quote

Paolo.B
Participant

Average

Thanks, it works well unfortunately the performance deteriorates.
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Prevent closing of the position at certain times.

ProOrder: Automated Strategies & Backtesting

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Paolo.B @paolo-b Participant

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This topic contains 4 replies,
has 3 voices, and was last updated by Paolo.B
4 years, 7 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	07/11/2021
Status:	Active
Attachments:	No files

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