System to not enter trade on specific happenings like NFP

• 10/04/2018 at 8:21 PM #81963
  Abz

  Hello

  is there any way to tell the strategies to not enter any trade on  U.S. Nonfarm Payrolls this seems to occur first friday in every month.

   

  

  Abz

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  10/04/2018 at 9:34 PM #81965
  robertogozzi

  IF OpenDay < 8 AND OpenDayOfWeek = 5 THEN TradeOn = 0 ELSE TradeOn = 1 ENDIF

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  IF OpenDay < 8 AND OpenDayOfWeek = 5 THEN    TradeOn = 0 ELSE    TradeOn = 1 ENDIF

  From 1st through 7th each month there is just ONE friday, in that case the variable TRADEON will be cleared, set otherwise.

  You have to add TradeOn to your conditions to open any trade.

  This snippet works for intraday bars.

  1 user thanked author for this post.

  Abz

  

  robertogozzi

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  10/04/2018 at 10:35 PM #81967
  Abz

  worked perfectly 🙂

  

  Abz

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  10/05/2018 at 7:43 AM #81972
  noisette

  Hello,

  I have also this kind of question.

  Do you think it is possible to use CALL fonction to create a “remote control” of the code?

  My idea is to modify the called indicator to say to indicate days on and day off. But I don’t know if  a bot can’t take in account indicator modification. I didn’t test it.

   

  Thanks

  

  noisette

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  10/05/2018 at 10:03 AM #81997
  robertogozzi

  I tried this simple strategy with the indicator:

  //------------------------------------------------------------------------- // Codice principale : Il Mio Sistema-XXX //------------------------------------------------------------------------- defparam cumulateorders=false if OnMarket THEN SELL AT MARKET endif Cond = CALL "TradeOrNot" IF Cond THEN BUY AT MARKET ENDIF //------------------------------------------------------------------------- // Funzione : TradeOrNot //------------------------------------------------------------------------- RETURN 0 //1=trade ON 0=trade OFF

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  //------------------------------------------------------------------------- // Codice principale : Il Mio Sistema-XXX //------------------------------------------------------------------------- defparam cumulateorders=false if OnMarket THEN    SELL AT MARKET endif Cond = CALL "TradeOrNot" IF Cond THEN    BUY AT MARKET ENDIF     //------------------------------------------------------------------------- // Funzione : TradeOrNot //------------------------------------------------------------------------- RETURN 0    //1=trade ON       0=trade OFF

  My idea was to change the indicator, setting it either to 0 or 1 to allow/ban trading, but it seems indicators are now being embedded at launch time and used like regular functions in programming languages (this feature will make code faster and was long awaited) but you will have to stop your strategy and restart it from scratch after modifying the indicator, so it’s no use. You’ll have to modify dates embedded in your strategy.

  As far as I know there are no alternatives, can @nicolas confirm indicators are now embedded in the strategy?

   

  

  robertogozzi

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  10/05/2018 at 11:45 AM #82026
  noisette

  Thank you for the test, that’s exactly what I think about.

  It would be interesting to do this another way for codes that need a learning period as neural networks.

  

  noisette

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