Turn of month

• 04/02/2023 at 8:09 PM #212674
  HannesA

  Hello

  I wounder if someone could help with code for this turn of month strategy?

  Does multitimeframe solve the problem to buy at close with daily bars?

  Entry conditions for TOM
  Buy from the 18th trading day of the month and 4 days ahead if the closing price is lower than yesterday.

  Exit condition for TOM
  The strategy sells on the first day after the end of the month if the profit is at least 1%, alternatively on the 6th trading day regardless of the profit.

  Thanks for a great forum!

  

  HannesA

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  04/14/2023 at 5:18 PM #213307
  robertogozzi

  You want to buy on or after the 18th trading day of each month AND 4 days ahead or IF 4 days ahead… (provided the closing price of the 4th prior day is lower than the closing price of the 5th prior day)?

   

   

   

  

  robertogozzi

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  04/14/2023 at 8:21 PM #213319
  HannesA

  I want to buy on or after the 18th trading day of each month and 4 days ahead if the closing price is lower then yesterday.
  Example 18th trading day, close today higher then yesterday, no entry.
  19th trading day, close today lower than yesterday, entry.

  

  HannesA

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  04/15/2023 at 3:00 PM #213331
  robertogozzi

  There you go:

  DEFPARAM CumulateOrders = False ONCE DayCount = 0 ONCE Tally = 0 IF Month <> Month[1] THEN DayCount = 0 Tally = 0 IF OnMarket AND ((PositionPerf * 100) >= 1) THEN SELL at Market ENDIF ENDIF DayCount = DayCount + 1 IF (DayCount = 6) AND OnMarket THEN SELL at Market ENDIF IF DayCount = 18 THEN Tally = Tally + 1 ENDIF IF Not OnMarket AND (Tally > 0) AND (Tally <= 4) THEN BUY 1 Contract at Market ENDIF

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  DEFPARAM CumulateOrders = False ONCE DayCount = 0 ONCE Tally    = 0 IF Month <> Month[1] THEN    DayCount = 0    Tally    = 0    IF OnMarket AND ((PositionPerf * 100) >= 1) THEN       SELL at Market    ENDIF ENDIF DayCount = DayCount + 1 IF (DayCount = 6) AND OnMarket THEN    SELL at Market ENDIF IF DayCount = 18 THEN    Tally = Tally + 1 ENDIF IF Not OnMarket AND (Tally > 0) AND (Tally <= 4) THEN    BUY 1 Contract at Market ENDIF

   

  

  robertogozzi

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