problem with setting market closed days

pdrh · 2023-01-26T00:18:32+00:00

od=0 Thisyear=2023 d1=Year=Thisyear and Month=1 and day=2 d2=Year=Thisyear and month=1 and day=26 d3=Year=Thisyear and month=4 and day=7 d4=Year=thisyear and month=4 and day=10 d5=Year=thisyear and month=4 and day=25 d6=Year=thisyear and month=6 and day=12 d7=Year=thisyear and month=12 and day=25 d7=Year=thisyear and month=12 and day =26 if( d1 or d2 or d3 or d4 or d5 or d6 or d7) then od=1 Endif Return od I am using the above with an algo on the ASX ,which opens at 10AM AEST on trading days ,to forbid trading on closed days 26th Jan is a closed day in Australia but my algo placed a trade and I found that od does not set to 1 until 10.58 when I run the closed days indicator on a 1 min chart What should I change in my closed days indicator

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01/26/2023 at 1:18 AM #208299 quote
pdrh
Participant

Average
```
od=0
Thisyear=2023
d1=Year=Thisyear and Month=1 and day=2
d2=Year=Thisyear and month=1 and day=26
d3=Year=Thisyear and month=4 and day=7
d4=Year=thisyear and month=4 and day=10
d5=Year=thisyear and month=4 and day=25
d6=Year=thisyear and month=6 and day=12
d7=Year=thisyear and month=12 and day=25
d7=Year=thisyear and month=12 and day =26
if( d1 or d2 or d3 or d4 or d5 or d6 or d7)  then
od=1
Endif
Return od
```
I am using the above with an algo on the ASX ,which opens at 10AM AEST on trading days ,to forbid trading on closed days

26th Jan is a closed day in Australia but my algo placed a trade and I found that

od does not set to 1 until 10.58 when I run the closed days indicator on a 1 min chart

What should I change in my closed days indicator
01/26/2023 at 1:28 AM #208300 quote

pdrh
Participant

Average

It would seem that the new day starts at GMT 0:00 everywhere in the world

01/26/2023 at 1:58 AM #208301 quote

PeterSt
Participant

Master

pdrh wrote:

It would seem that the new day starts at GMT 0:00 everywhere in the world

Not really because too many settings deal with this (unfortunately). For example India which is at a quarter of an hour offset from us, which I can’t wrap my head around anyway.

Your last d7 should be d8, but won’t be the issue.

pdrh wrote:

od does not set to 1 until 10.58 when I run the closed days indicator on a 1 min chart

I readily believe you because of experiences in similar reporting (so go figure). Unless others have more sensical advices, I would attempt trials and backdoor solutions. Hence :
You are most probably right, but now what.
(no credits for me)

pdrh thanked this post

01/26/2023 at 9:44 AM #208307 quote

GraHal
Participant

Master

pdrh wrote:

It would seem that the new day starts at GMT 0:00 everywhere in the world

Are you with IG? Although all over the world, IG may prefer a standard time to start the day hence GMT 0:00 everywhere in the world?

Just a few thoughts before my coffee wakes me up!! 🙂

01/26/2023 at 9:48 AM #208308 quote

GraHal
Participant

Master

PeterSt wrote:

India which is at a quarter of an hour offset from us,

India is UTC + 5:30, Netherlands is UTC+1, UK is UTC+-0

01/26/2023 at 11:27 AM #208333 quote

PeterSt
Participant

Master

https://groww.in/p/stock-market-timings

Now you got it. 😉
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problem with setting market closed days

ProOrder: Automated Strategies & Backtesting

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This topic contains 5 replies,
has 3 voices, and was last updated by PeterSt
3 years, 8 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	01/26/2023
Status:	Active
Attachments:	No files