Trading every 10. days of the month

• 09/09/2021 at 8:29 PM #177166
  Suffi

  Hello,
  I would like to open a position every 10. days of a month.
  If it is a Saturday or Sunday then the position should be opened on Monday.
  I just can’t get the code to work, can someone help me?

  Greetings
  Suffi

  

  Suffi

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  09/09/2021 at 9:28 PM #177172
  robertogozzi

  There you go:

  If ((Day = 10) or ((Day > 10) and (Day[1] < 10))) Then BUY 1 Contract at Market Endif

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  If ((Day = 10) or ((Day > 10) and (Day[1] < 10))) Then    BUY 1 Contract at Market Endif

   

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  Midlanddave, Nicolas

  

  robertogozzi

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  09/10/2021 at 1:35 PM #177207
  Suffi

  Hello Roberto,
  thanks for the support, please add a little explanation.
  (Day = 10) or ((Day > 10) this is the 10th of the month or the next day if the 10th is a Sunday.
  (Day[1] < 10) ????? what is meant by this?
  Shouldn’t something from DAY OF WEEK (0 or 6) go in there?

  Greetings
  Suffi

  

  Suffi

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  09/10/2021 at 4:24 PM #177213
  robertogozzi

  When DAY returns a day it’s because that one is a trading day.

  If that day is 10 that’s easy, no other chacks are needed.

  If that day is NOT a trading day, then the number 10 will NEVER be detected, so you want (have) to trade the next trading day.

  If Friday is day 9, then Monday will be day 12. That’s when it works, as Day[0](Monday) > 10 AND Day[1] (Friday) < 10. The same occurs when Friday is Day 8 and Monday is Day 11.

  They are NOT 10, but one is greater and the previous one is lower. This means that 12 or 11 is the first trading day AFTER 10.

  Example (t = Trading day):

  days        1  2  3  4  5  6  7  8  9 10 11 12 13
  .                t   t   –  –  t   t   t   t  t    –   –   t    t

   

   

   

  

  robertogozzi

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  09/10/2021 at 4:36 PM #177217
  Suffi

  Wow,
  where can I read up on something like that? I didn’t get any further with the help of the programme and the instructions.

  Greetings
  Suffi
  Thanks a lot

  

  Suffi

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  09/10/2021 at 4:57 PM #177219
  robertogozzi

  On the forum you can find many code snippets to be used as tools in addition to built-in instructions and constants.

  This is a very useful place (thanks to GraHal for having created and still managing it regularly)
  Snippet Library

  1 user thanked author for this post.

  Swingueur

  

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  09/10/2021 at 6:15 PM #177222
  Suffi

  Hello Roberto,

  I do not get the desired result, where is the error?

  The narrow bars are correct trades (open on 10, – close on 15), the wide ones are closed on 15 of the next month or the month after?

  Greetings
  Suffi

  buy at 10.

  If (((Day = 10) or ((Day > 10) and (Day[1] < 10))) AND CurrentTime =90000 ) Then //AND HOUR=9 BuyTime = 1 ELSE BuyTime = 0 ENDIF If (((Day = 15) or ((Day > 15) and (Day[1] < 15))) AND CurrentTime =150000 ) Then //AND HOUR=15 SellTime = 1 ELSE SellTime = 0 ENDIF IF (NOT OnMarket AND BuyTime=1) THEN BUY 1 CONTRACTS AT MARKET ENDIF IF (OnMarket AND SellTime=1) THEN SELL AT MARKET ENDIF

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  If (((Day = 10) or ((Day > 10) and (Day[1] < 10))) AND CurrentTime =90000 ) Then //AND HOUR=9 BuyTime = 1 ELSE BuyTime = 0 ENDIF   If (((Day = 15) or ((Day > 15) and (Day[1] < 15))) AND CurrentTime =150000 ) Then //AND HOUR=15 SellTime = 1 ELSE SellTime = 0 ENDIF   IF (NOT OnMarket AND BuyTime=1) THEN BUY 1 CONTRACTS AT MARKET ENDIF   IF (OnMarket AND SellTime=1) THEN SELL AT MARKET ENDIF

  

  

  Suffi

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  09/10/2021 at 6:31 PM #177225
  robertogozzi

  What instrument and TF is it?

  

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  09/10/2021 at 6:34 PM #177226
  Suffi

  Sorry, Dax TF 1h

  

  Suffi

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  09/11/2021 at 9:38 AM #177240
  robertogozzi

  That code works on a Daily chart, because when using an intraday TF, at 9 or 15, DAY[0] will always be the same as DAY[1], so if the day is 10 or 15, it works perfectly, otherwise it needs  to be changed so that it sets a flag whenever Day 10 and Day 15 is detected on the first bar of the day:

  ONCE Day10 = 0 ONCE Day15 = 0 IF Month <> Month[1] THEN Day10 = 0 Day15 = 0 ENDIF IF (Day = 10) or ((Day > 10) and (Day[1] < 10)) THEN Day10 = 1 ENDIF IF (Day = 15) or ((Day > 15) and (Day[1] < 15)) THEN Day15 = 1 ENDIF IF OnMarket THEN Day10 = 0 ENDIF If Day10 AND (CurrentTime =90000) Then //AND HOUR=9 BuyTime = 1 ELSE BuyTime = 0 ENDIF If Day15 AND (CurrentTime =150000) Then //AND HOUR=15 SellTime = 1 ELSE SellTime = 0 ENDIF IF (NOT OnMarket AND BuyTime=1) THEN BUY 1 CONTRACTS AT MARKET ENDIF IF (OnMarket AND SellTime=1) THEN SELL AT MARKET ENDIF //graph Day //graph currenttime //graph BuyTime //graph SellTime

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  ONCE Day10 = 0 ONCE Day15 = 0 IF Month <> Month[1] THEN    Day10 = 0    Day15 = 0 ENDIF IF (Day = 10) or ((Day > 10) and (Day[1] < 10)) THEN    Day10 = 1 ENDIF IF (Day = 15) or ((Day > 15) and (Day[1] < 15)) THEN    Day15 = 1 ENDIF IF OnMarket THEN    Day10 = 0 ENDIF If Day10  AND (CurrentTime =90000) Then //AND HOUR=9    BuyTime = 1 ELSE    BuyTime = 0 ENDIF If Day15 AND (CurrentTime =150000) Then //AND HOUR=15    SellTime = 1 ELSE    SellTime = 0 ENDIF IF (NOT OnMarket AND BuyTime=1) THEN    BUY 1 CONTRACTS AT MARKET ENDIF IF (OnMarket AND SellTime=1) THEN    SELL AT MARKET ENDIF //graph Day //graph currenttime //graph BuyTime //graph SellTime

  

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  09/11/2021 at 1:06 PM #177252
  Suffi

  Hi Roberto,
  perfect, it works, unfortunately my programming skills are not enough to understand it completely.
  Now I have tried to optimise the date.
  The code only works if the trade runs within the same month.
  Errors follow when buying on the 20th and closing on the 2nd of the next month.

  I tried to change it here:
  IF Month <> Month[1] THEN
  Day10 = 0
  Day15 = 0
  without success

  Greetings
  Suffi

  

  Suffi

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  09/11/2021 at 1:28 PM #177253
  Suffi

  I have also tried the short direction, the on and off buttons did not work.

  IF (NOT SHORTOnMarket AND BuyTime=1) THEN SELLSHORT 1 CONTRACTS AT MARKET ENDIF IF (SHORTOnMarket AND SellTime=1) THEN BUY AT MARKET ENDIF

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  IF (NOT SHORTOnMarket AND BuyTime=1) THEN SELLSHORT 1 CONTRACTS AT MARKET ENDIF IF (SHORTOnMarket AND SellTime=1) THEN BUY AT MARKET ENDIF

  

  Suffi

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  09/11/2021 at 4:06 PM #177260
  robertogozzi

  The code I posted works on any month.

  – BUY                 enters a Long trade

  – SELL               exits   a Long trade

  – SELLSHORT enters a Short trade

  – EXITSHORT exits    a Short trade

   

  

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  09/11/2021 at 7:12 PM #177266
  Suffi

  Hi Roberto,
  I have since read up on the short and corrected it. It works now.
  I can’t manage the exit in the next month.
  20. open this month
  04. next month close

  Thanks for your patience

  

  Suffi

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  09/12/2021 at 9:45 AM #177276
  robertogozzi

  It’s not much different, you actually don’t have to care about the month, just the days:

  • open on the 20th
  • close on the 4th

  There you go:

  BuyTime = 0 SellTime = 0 IF (Day = 4) or ((Day > 4) and (Day[1] < 4)) THEN SellTime = 1 ENDIF IF (Day = 20) or ((Day > 20) and (Day[1] < 20)) THEN BuyTime = 1 ENDIF IF NOT LongOnMarket AND BuyTime THEN BUY 1 CONTRACTS AT MARKET ENDIF IF LongOnMarket AND SellTime THEN SELL AT MARKET ENDIF //graph Day //graph currenttime //graph BuyTime //graph SellTime

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  BuyTime  = 0 SellTime = 0 IF (Day = 4) or ((Day > 4) and (Day[1] < 4)) THEN    SellTime = 1 ENDIF IF (Day = 20) or ((Day > 20) and (Day[1] < 20)) THEN    BuyTime = 1 ENDIF    IF NOT LongOnMarket AND BuyTime THEN BUY 1 CONTRACTS AT MARKET ENDIF IF LongOnMarket AND SellTime THEN    SELL AT MARKET ENDIF //graph Day //graph currenttime //graph BuyTime //graph SellTime

  

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