Start the order on an exact moment

• 09/18/2016 at 1:42 PM #13224
  Pere

  Lets suppose following code for ProOrder:

  // Definición de los parámetros del código DEFPARAM CumulateOrders = False // Acumulación de posiciones desactivada DEFPARAM FlatBefore=090000 DEFPARAM FlatAfter=220000 //Variables sl=20// Stop Loss xx=30// Periodos WeightedAverage wma=WeightedAverage[xx](close) // Condiciones para entrada de posiciones largas IF close CROSSES OVER wma THEN BUY 1 CONTRACT AT MARKET ENDIF // Condiciones de salida de posiciones largas IF close CROSSES UNDER wma THEN SELL AT MARKET ENDIF // Condiciones de entrada de posiciones cortas IF close CROSSES UNDER wma THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF // Condiciones de salida de posiciones cortas IF close CROSSES OVER wma THEN EXITSHORT AT MARKET ENDIF // Stops y objetivos SET STOP pLOSS sl

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  // Definición de los parámetros del código DEFPARAM CumulateOrders = False // Acumulación de posiciones desactivada DEFPARAM FlatBefore=090000 DEFPARAM FlatAfter=220000     //Variables sl=20// Stop Loss xx=30// Periodos WeightedAverage   wma=WeightedAverage[xx](close)     // Condiciones para entrada de posiciones largas IF close CROSSES OVER wma THEN BUY 1 CONTRACT AT MARKET ENDIF   // Condiciones de salida de posiciones largas IF close CROSSES UNDER wma THEN SELL  AT MARKET ENDIF   // Condiciones de entrada de posiciones cortas IF close CROSSES UNDER wma THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF   // Condiciones de salida de posiciones cortas IF close CROSSES OVER wma THEN EXITSHORT  AT MARKET ENDIF   // Stops y objetivos SET STOP pLOSS sl

  If I start this code in ProOrder, the order will start on the open of the next candle where the price crosses over the weighted moving average, and not in the exact moment than the prices crosses over this WMA. And the next candle can be too late, or, at least, I can lose the difference between crossing and close.

  The problem is that I don’t know the instruction to change “close” to for example “price” in the code

  “IF close CROSSES OVER wma THEN”

  I also tried with for example “typical price” instead of “close”. It changes a little, but is not what desired.

  Is there any instruction to lose this problem, or which would be the way?

  Please, see the photo hereby for more understanding.

  I also tried with custoIII

  1	I also tried with custoIII

  

  Pere

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  09/18/2016 at 1:52 PM #13228
  Nicolas

  I see 2 reasons for this. Firstly a crossover is valid only when the current period is already closed. Secondly, you may already know that code are only read once per bar, so test is made at bar close then trade is launched at the open of the next one.

  

  Nicolas

  Keymaster

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