Sell at a optimized specific time

• 11/30/2019 at 1:39 PM #113959
  seatrout

  Hi, I want to see if there are specific times that are better to trade in a specific stock. I have tried the code at a 5min chart. The optmization for buy time work as it should but I dont get the code to do what I want when selling. If i try a fixed time for selling the code works as it should but running the code, trying to optimize the selling time, it always sells at 17.30 (FLATAFTER = 173000) Can someone please help me with this problem! The .itf is also attached.

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // The system will cancel all pending orders and close all positions at 0:00. No new ones will be allowed until after the "FLATBEFORE" time. DEFPARAM FLATBEFORE = 090000 // Cancel all pending orders and close all positions at the "FLATAFTER" time DEFPARAM FLATAFTER = 173000 // Prevents the system from placing new orders on specified days of the week daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0 buytime = t*10000 + (M1*100) selltime = (buytime + (M2*100)) //Not ok! The system don´t sell at the assigned time //selltime = buytime + 500 //Not ok! The system don´t sell at the assigned time //selltime = 160000 //OK! The system sell at the assigned time // Conditions to enter long positions //Check trend in 1day chart timeframe(1 day, updateonclose) ma = average[70] longtrend1 = close > ma //Set time frame to default timeframe(default) indicator1 = adx[14] momentum1 = indicator1 > mom and indicator1 < mom1 IF longtrend1 AND momentum1 AND not daysForbiddenEntry THEN if time=buytime then BUY 1 CONTRACT AT MARKET ENDIF endif // Stops and targets SET STOP %LOSS 0.15 // Conditions to exit long positions IF longonmarket then if time=selltime THEN sell 1 CONTRACT AT MARKET ENDIF endif

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  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // The system will cancel all pending orders and close all positions at 0:00. No new ones will be allowed until after the "FLATBEFORE" time. DEFPARAM FLATBEFORE = 090000 // Cancel all pending orders and close all positions at the "FLATAFTER" time DEFPARAM FLATAFTER = 173000   // Prevents the system from placing new orders on specified days of the week daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0   buytime = t*10000 + (M1*100) selltime = (buytime + (M2*100)) //Not ok! The system don´t sell at the assigned time //selltime = buytime + 500 //Not ok! The system don´t sell at the assigned time //selltime = 160000 //OK! The system sell at the assigned time   // Conditions to enter long positions //Check trend in 1day chart timeframe(1 day, updateonclose) ma = average[70] longtrend1 = close > ma   //Set time frame to default timeframe(default)   indicator1 = adx[14] momentum1 = indicator1 > mom and indicator1 < mom1   IF longtrend1 AND momentum1 AND not daysForbiddenEntry THEN if time=buytime then BUY 1 CONTRACT AT MARKET ENDIF endif   // Stops and targets SET STOP %LOSS 0.15   // Conditions to exit long positions IF longonmarket then if time=selltime THEN sell 1 CONTRACT AT MARKET ENDIF endif

   

  

  seatrout

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  01/01/2020 at 11:28 PM #115703
  fleglo

  Hello Seatrout

  The function TIME is a specific and fixed one assigned by PRT, its format “HHmmnn” cannot be changed nor altered or incremented what so ever.

  furthermore be careful to write the correct Numbers of zero, its seems that your “buytime = t*10000 + …” misses a zero .

  Be simple in your coding, with the DAX, one Supertrend for the long and another one for the shorts is far away the best 🙂
  Then, the market operators and their spychology are not the same along the day, statistically you have one setting from 090200 to 095500, one from 100200 to 124500 and the last from 141500 to 163000. Black hours at lunch time (124500 to 141500).
  Hope this help. Good luck.

  

  fleglo

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