Timer for trade to complete

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09/25/2019 at 3:40 PM #108451 quote

Slowlyslowly
Participant

Average

Hello

Is it possible to create an instructions that states “if trade has not completed within X bars close at breakeven if seen before target or loss.

so effectively I can limit the time the code is running before breakeven is triggered into place regardless of the percentage of target achieved.

This is for code that should work quickly hence the request to put a timer on it before reducing risk.

Any help or direction would be appreciated.

Kind regards

09/25/2019 at 3:49 PM #108452 quote

Slowlyslowly
Participant

Average

Hi

Sorry should have said breakeven instruction is already written into code based on percentage of target achieved. With a “breakevenstart” instruction and breakevenLevel.

09/25/2019 at 3:55 PM #108453 quote
Vonasi
Moderator

Master
Something like this perhaps:
```
daysallowed = 10

if onmarket and barindex - tradeindex >= daysallowed then
if longonmarket then
if close > positionprice then
sell at positionprice stop
endif
if close < positionprice then
sell at positionprice limit
endif
endif

if shortonmarket then
if close < positionprice then
exitshort at positionprice stop
endif
if close > positionprice then
exitshort at positionprice limit
endif
endif
endif
```
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Timer for trade to complete

ProOrder: Automated Strategies & Backtesting

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Slowlyslowly @slowlyslowly Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by Vonasi
6 years, 5 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	09/25/2019
Status:	Active
Attachments:	No files

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