2 bars late on entry and exit

• 10/24/2024 at 8:53 AM #239391
  alejandrocorbut

  if i back test this simple code, entry and exit are 2 bars late. i want position to open or close on OPEN as the conditions are met.

  new to this! any advice much appreciated

   

   

  // Definition of code parameters
  DEFPARAM CumulateOrders = False // Cumulating positions deactivated

  // Conditions to enter long positions
  indicator1 = MACD[12,26,9](Open )
  c1 = (indicator1 >= 0)

  IF c1 THEN
  BUY 1 PERPOINT AT MARKET
  ENDIF

  // Conditions to exit long positions
  indicator2 = MACD[12,26,9](Open )
  c2 = (indicator2 < 0)

  IF c2 THEN
  SELL AT MARKET
  ENDIF

  

  alejandrocorbut

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  10/24/2024 at 9:31 AM #239394
  GraHal

  Code is read at the end of each bar and positions are opened or closed at the Open of the next bar … which is only a few miliiseconds after close of previous bar.

  Hope above helps, if not just say.

  

  GraHal

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  10/24/2024 at 9:54 AM #239395
  alejandrocorbut

  thank you for feed back.

  if i replace with close, is still 1 bar late.

  i would like to enter position on market open.

  i attach screen shot of graph showing that MACD histogram positive on oct 1 but position doesnt open till nov 1.

   

  how do i trigger open on oct 1 when macd is positive?

   

  // Definition of code parameters
  DEFPARAM CumulateOrders = False // Cumulating positions deactivated

  // Conditions to enter long positions
  indicator1 = MACD[12,26,9](close)
  c1 = (indicator1 >= 0)

  IF c1 THEN
  BUY 1 PERPOINT AT MARKET
  ENDIF

  // Conditions to exit long positions
  indicator2 = MACD[12,26,9](close)
  c2 = (indicator2 < 0)

  IF c2 THEN
  SELL AT MARKET
  ENDIF

   

  

  alejandrocorbut

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  10/24/2024 at 10:10 AM #239397
  phoentzs

  If this is a monthly time frame, then the “close” of a monthly bar is at the end of the month…

  

  phoentzs

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  10/24/2024 at 10:18 AM #239398
  GraHal

  alejandrocorbut wrote:

  how do i trigger open on oct 1 when macd is positive?

  Use multi-Timeframe.

  For example, conditions could be satisfied on a monthly timeframe, but the trade could be opened on a 1 minute timeframe … so 1 minute into the October bar or said another way … 1 minute after the end of the September bar.

  https://www.prorealcode.com/topic/multi-timeframe-mtf-indicators-for-prorealtime/

   

  1 user thanked author for this post.

  Iván

  

  GraHal

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  10/24/2024 at 10:35 AM #239399
  alejandrocorbut

  thank you!  i get it now!

   

  1 user thanked author for this post.

  GraHal

  

  alejandrocorbut

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