This is my first backtest, just trying to create a simple test to take a look at sell-offs in S&P500 during the last 45 minutes on Fridays.

It seems that I am missing something as I don’t get any results.. I want to look at in in the 5 minutes timeframe and I’ve put in MA8 and MA16, I want to enter a short position (and vice versa for long) when MA8 crosses under MA16 and I want it to exit the position when price goes over MA8 or 10 minutes after closing time of the stock exchange (which in my case is 22:10 as I’m located in GMT+1). Attached you can see a pic of what I’m looking to capture, however the attached pic is of a Thursday but it is just to show you what I’m looking for.

What am I missing?

Thanks in advance for any help! 🙂

// 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 = 212500
// Cancel all pending orders and close all positions at the "FLATAFTER" time
DEFPARAM FLATAFTER = 221000

// Prevents the system from creating new orders to enter the market or increase position size before the specified time
noEntryBeforeTime = 212500
timeEnterBefore = time >= noEntryBeforeTime

// Prevents the system from placing new orders to enter the market or increase position size after the specified time
noEntryAfterTime = 221000
timeEnterAfter = time < noEntryAfterTime

// Prevents the system from placing new orders on specified days of the week
daysForbiddenEntry = OpenDayOfWeek = 1 OR OpenDayOfWeek = 2 OR OpenDayOfWeek = 3 OR OpenDayOfWeek = 4 OR OpenDayOfWeek = 6 OR OpenDayOfWeek = 0

// Conditions to enter long positions
indicator1 = Average[8](close)
indicator2 = Average[16](close)
c1 = (indicator1 CROSSES OVER indicator2)

IF c1 AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit long positions
indicator3 = Average[8](close)
c2 = (close < indicator3)

IF c2 THEN
SELL AT MARKET
ENDIF

// Conditions to enter short positions
indicator4 = Average[8](close)
indicator5 = Average[16](close)
c3 = (indicator4 CROSSES UNDER indicator5)

IF c3 AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF

// Conditions to exit short positions
indicator6 = Average[8](close)
c4 = (close > indicator6)

IF c4 THEN
EXITSHORT AT MARKET
ENDIF

// Stops and targets
SET STOP pTRAILING 10
SET TARGET pPROFIT 30

Skärmavbild-2017-06-23-kl.-11.22.08.png