Trade only from 7.45 am untill 18.00 pm

Pjotterd · 2016-06-03T21:05:39+00:00

Hi, I want to set up automated trading, but I only want to do this with a strategy that is working daily from 7.45 AM untill 18.00 PM. Is this possible to set up? Thanks in advance.

Viewing 8 posts - 1 through 8 (of 8 total)

Author

Posts
06/03/2016 at 10:05 PM #8779 quote

Pjotterd
Participant

Average

Hi, I want to set up automated trading, but I only want to do this with a strategy that is working daily from 7.45 AM untill 18.00 PM. Is this possible to set up? Thanks in advance.

06/04/2016 at 12:21 AM #8781 quote
Adolfo
Participant

Senior
Yes it is!
```
IF TIME>=074500 AND TIME<180000 THEN
Trading=1
ELSE
Trading=0
ENDIF
```
Just add “if trading=1” to your condition to enter market

cheers
06/04/2016 at 12:23 AM #8782 quote
Adolfo
Participant

Senior
There is another way to even exit at market if end time reach.
```
DEFPARAM FLATBEFORE = 074500
DEFPARAM FLATAFTER = 180000
```
Advise: those lines must be at first lines before code
06/04/2016 at 9:57 AM #8786 quote

Pjotterd
Participant

Average

Thanks guys! It works!

06/05/2016 at 1:32 AM #8804 quote

grizzly
Participant

Average

I’ve never tried, but is there a way to Conditionalise DEFPARAM FLATAFTER so that if a position in profit is open, it won’t close ?

06/05/2016 at 9:35 AM #8806 quote

GraHal
Participant

Legend

Yes I need this too Grizzly, but something like the opposite …

If position is at Loss < – L then don’t close until time T or Loss > 0

Logic being that without above condition you may be closing near the bottom of a short term cycle / wave which may recover somewhat in 1 or 2 hours.

Thanks

GraHal

06/05/2016 at 9:47 AM #8808 quote

Nicolas
Keymaster

Legend

@grizzly and @GraHal

With POSITIONPERF you can easily test if the actual positions are in profit. If so, make a conditional statement to close the basket or not accordingly to the present time.

06/05/2016 at 10:04 AM #8811 quote

GraHal
Participant

Legend

Hi Nicolas, thanks

Yes I use Positionperf a lot, it is very very useful.

2 days ago one of my positions closed under a FlatAfter rule with a near £2,500 loss (it was only Demo!) I checked after and it would have recovered a few hours later.

So it was the above that prompted my question after Grizzly asking also.

Its just that I have started using Strategies in French etc and so tweaking existing code (to add Positionperf) is not straightforward (I am english only), but I’ll get there with the help of google translate and learn French also! ha

Cheers

GraHal
Author

Posts