Single out defparam flatafter for a specific day

• 12/07/2020 at 7:15 PM #152912
  Albaran

  Hi there,

  It’s all in the title; how can we single out the very useful command DEFPARAM flatafter = time for a specific day and only for long positions?

  I’ve been trying all sorts of tweaking but to no avail I’m afraid…

  Cheers,

  

  Albaran

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  12/07/2020 at 7:29 PM #152913
  robertogozzi

  Indeed DEFPARAM flatafter = time does not allow anything other than a TIME.

  To be able to exit on selected days, at a given time you can use OpenDayOfWeek and OpenTime:

  If OpenDayOfWeek = 3 or OpenDayOfWeek = 5 Then If OpenTime = 190000 Then If OnMarket Then Sell at Market Exitshort at Market Endif Endif Endif

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  If OpenDayOfWeek = 3 or OpenDayOfWeek = 5 Then    If OpenTime = 190000 Then       If OnMarket Then          Sell at Market          Exitshort at Market       Endif    Endif Endif

  This will close any open trade at 190000 on Wednesday and on Friday.

  

  robertogozzi

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  12/08/2020 at 1:36 PM #152969
  Albaran

  Above won’t work because I forgot to mention that I work with LIMIT orders..

  I can’t squeeze a SELL AT MARKET command because of it; at least, I haven’t figured this out up untill now..

  

  Albaran

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  12/08/2020 at 1:52 PM #152971
  robertogozzi

  With pending (Limit or Stop) if already triggered you can use the above snippet, while if not triggered they are automatically CANCELLED the next time your code is executed, so you just need to apply the above (modified) snippet not to enter at market after a given time:

  If OpenDayOfWeek = 3 or OpenDayOfWeek = 5 Then If OpenTime < 190000 Then BUY 1 contract AT MyLongEntryPrice LIMIT //or STOP SELLSHORT 1 contract AT MyShortEntryPrice LIMIT //or STOP Else Sell at Market Exitshort at Market Endif Else BUY 1 contract AT MyLongEntryPrice LIMIT //or STOP SELLSHORT 1 contract AT MyShortEntryPrice LIMIT //or STOP Endif

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  If OpenDayOfWeek = 3 or OpenDayOfWeek = 5 Then    If OpenTime < 190000 Then        BUY       1 contract AT MyLongEntryPrice  LIMIT  //or STOP        SELLSHORT 1 contract AT MyShortEntryPrice LIMIT  //or STOP    Else        Sell      at Market        Exitshort at Market    Endif Else    BUY       1 contract AT MyLongEntryPrice  LIMIT  //or STOP    SELLSHORT 1 contract AT MyShortEntryPrice LIMIT  //or STOP Endif

  in this case you place a pending order, on Wed. or Fri., only before 190000 (while you make no check the other days). You will also close ALL open orders at 190000 on those two days.

  1 user thanked author for this post.

  Albaran

  

  robertogozzi

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  12/09/2020 at 11:52 AM #153070
  Albaran

  Tested and working, many thanks!

  

  Albaran

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