Time Stop of an order and based on a condition

t.bremard · 2020-02-15T14:05:58+00:00

hello i open a position with trailing stop i am looking for instruction to time stop the position rule is: exit long position 1 hour after the open long if price is below price of buy. is it possible ?

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02/15/2020 at 3:05 PM #119688 quote

t.bremard
Participant

New

hello

i open a position with trailing stop

i am looking for instruction to time stop the position

rule is: exit long position 1 hour after the open long if price is below price of buy.

is it possible ?

02/15/2020 at 3:14 PM #119689 quote
fifi743
Participant

Master
to try
```
if condition then
 buy n contract at market
 temp =time
 endif 
if temp+010000 > time and close<positionprice then
 sell at market 
endif
```
02/15/2020 at 3:31 PM #119690 quote

robertogozzi
Moderator

Legend

I moved this topic to the English support forum.

Please use the correct language and forum. Thank you. 🙂

02/15/2020 at 5:00 PM #119695 quote
Vonasi
Moderator

Master
I’m not sure that works fifi743 as temp+010000 will greater when it is set at the open.

You also have to consider what happens when the day changes.
```
if condition then
 buy n contract at market
 exittime =time + 010000
if exittime >= 240000 then 
exittime = exittime - 240000
endif
endif 

if onmarket and time >= exittime and close < positionprice then
 sell at market 
endif
```
02/15/2020 at 5:34 PM #119698 quote
fifi743
Participant

Master
```
if not onmarket then 
temp=250000
 endif
if condition then
 buy n contract at market
 temp =time
 endif 
if temp+010000 < time and close<positionprice then
 sell at market 
endif
```
yes i made a mistake
02/16/2020 at 1:58 PM #119729 quote

t.bremard
Participant

New

Thank you very much
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