Wont BUY First day of month if its a Monday 

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  • 01/10/2021 at 4:16 AM #157164 quote
    Nobody
    Participant
    Veteran

    Wont BUY First day of month if its a Monday

     

    I noticed inconsistent proorder behaviour with the following code:

    if not longonmarket and month = 11 then
buy 1 contract at market
endif

if month <> 11 then
sell at market
endif

     

    The above code is intended to buy the first bar of Nov and sell after month end.

    Bug: If the first bar of the month is a Monday, the signal trigger a bar late.

    ScreenShot2835.jpg ScreenShot2835.jpg ScreenShot2834.jpg ScreenShot2834.jpg
    01/10/2021 at 5:47 AM #157167 quote
    robertogozzi
    Moderator
    Master

    Because Month is the month when a bar closes, while OpenMonth when a bar opens.

    So if Oct.31st is when market is closed there’s no bar and the beginning of the next month cannot be detected until the nexr bar closes, that is when the Monday bar closes in this case.

    But it would be the same on a, say,Wednesday if the previous day markets were closed.

    01/10/2021 at 7:30 AM #157168 quote
    Nobody
    Participant
    Veteran

    Not going to be hard for PRT to code that in . Its all known in advance . Just makes a seasonal monthly test inaccurate  .  i think PRT CAN solve it , its just whether they want to   .   Anyway now anyone knows buying month = is getting flawed results  .

     

    I did note Nicholas wrote a last trading day of month code somewhere before , will see if i can find it . Maybe a first trading day of month companion code can be written

    01/10/2021 at 8:46 AM #157169 quote
    KDH
    Participant
    New

    I have encountered this same issue and it is frustrating.

    Can anyone suggest 100% working code for how to buy on the open on the first day of the month?

    01/10/2021 at 8:55 AM #157170 quote
    Vonasi
    Moderator
    Master

    Brisvegas – Your post has been edited.

    • Always use the ‘Insert PRT Code’ button when putting code in your posts to make it easier for others to read.
    01/10/2021 at 9:24 AM #157171 quote
    Vonasi
    Moderator
    Master
    KDH wrote:

    Can anyone suggest 100% working code for how to buy on the open on the first day of the month?

    Use MTF to get you on the market at the opening of the 2nd 1 second candle of the month.

    timeframe (1 second)
if openmonth <> openmonth[1] then
buy 1 contract at market
endif

     

    Not tested.

    KDH thanked this post
    01/11/2021 at 8:47 AM #157269 quote
    Nicolas
    Keymaster
    Master

    Last day of trading of the month code snippet and explanation can be found here: https://www.prorealcode.com/topic/coding-help/#post-46525

    Link to many other useful snippets: https://docs.google.com/spreadsheets/d/1rgboqj7sVwsP9ZRhOduOefye48QMWC07jWVXCl-KJPU/edit#gid=0

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Wont BUY First day of month if its a Monday 


ProOrder: Automated Strategies & Backtesting

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This topic contains 6 replies,
has 5 voices, and was last updated by Nicolas
5 years, 1 month ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 01/10/2021
Status: Active
Attachments: 2 files
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