Setting market entry based on daily turnover

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06/17/2020 at 2:15 AM #136211 quote

tardistrading
Participant

New

Good day everyone,

Sorry for the newbie question, I am quite new to ProRealCode and have just began trying out my strategies. I’ve set up a strategy for Crude oil on the daily time frame (which sets a new candle at 05:00 UTC according to the IG platform). I tried running my code but it automatically enters new positions at 00:00 (5 hours ahead). I thought that perhaps, this is the default setting for market entry. How do I adjust the market entry on the daily turnover for this instrument, at 05:00? I am based in the Philippines/Singapore.

This is the only time specification I’ve used in the code:

TIMEFRAME(daily, updateonclose)

Any help would be appreciated, thanks.

06/17/2020 at 8:11 AM #136216 quote

GraHal
Participant

Master

tardistrading wrote:

sets a new candle at 05:00 UTC

How do you think a Daily TF can trigger at 05:00?

You need a 1 Hour or below TF so that a candle closes at exactly 05:00.

06/17/2020 at 8:53 AM #136221 quote

Nicolas
Keymaster

Master

In the ProOrder systems list you can view on which timezone you have launched your strategy. Perhaps it uses the wrong one according to what you want.
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Setting market entry based on daily turnover

ProOrder: Automated Strategies & Backtesting

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tardistrading @tardistrading Participant

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This topic contains 2 replies,
has 3 voices, and was last updated by Nicolas
5 years, 8 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	06/17/2020
Status:	Active
Attachments:	No files

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