Closing operations Friday night at 22:00h

• 08/10/2017 at 10:47 AM #42862
  Juan Salas

  Dear all,

  I have coded the closing of my operations in my system on Friday night at 22:00h to avoid having open position during weekends and expose those positions to weekends gaps and charges from the broker.

  I have opted for the command QUIT, but I am not sure if that will stop the system or just will close the operation until Monday at 00:00h

  I am including the code and would appreciate any comments or even suggestions or alternative options.

  Thanks so much.

  Juan

  // Days of the week IF DayOfWeek = 0 OR Dayofweek = 6 THEN tradeok = 0 ELSE tradeok = 1 ENDIF // Friday 22:00 STOP operations IF Dayofweek = 5 AND TIME = 220000 THEN QUIT ENDIF

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  // Days of the week IF DayOfWeek = 0 OR Dayofweek = 6 THEN tradeok = 0 ELSE tradeok = 1 ENDIF   // Friday 22:00 STOP operations IF Dayofweek = 5 AND TIME = 220000 THEN QUIT ENDIF

   

  

  Juan Salas

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  08/10/2017 at 5:36 PM #42947
  Juan Salas

  Hi,

  I am answering myself, :))

  I think that:

  IF Dayofweek = 5 THEN

  DEFPARAM Flatafter = 220000

  ENDIF

   

  

  Juan Salas

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  08/10/2017 at 5:42 PM #42948
  Juan Salas

  Hi,

  It doesn’t work. DEFPARAM can’t be used like that.

  Any suggestions???

  (Reminder: I want to close the operations on Friday night at 220000, but I want the system to run from Monday to Friday without interruption)

  Thanks in advance,

  Juan

   

  

  Juan Salas

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  08/10/2017 at 5:54 PM #42949
  robertogozzi

  Try this one (I did not):

  IF DayOfWeek = 5 AND time = 220000 THEN SELL AT MARKET EXITSHORT AT MARKET ENDIF

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  IF DayOfWeek = 5 AND time = 220000 THEN    SELL      AT MARKET    EXITSHORT AT MARKET ENDIF

  You close any trade, either LONG or SHORT at the time you want, on the day you want to.

  You can’t use DEFPARAM in conditional statements, it’s an unchangeable directive to ProOrder, not an instruction.

   

  

  robertogozzi

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  08/10/2017 at 6:30 PM #42951
  Juan Salas

  Hi Roberto,

  Gracie mille. I will try it right now and will let you know the results.

  Juan

  

  Juan Salas

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  08/10/2017 at 6:57 PM #42954
  Juan Salas

  Hi Roberto,

  It works. I have also added something to avoid launch any operation after 22:0000 on Friday.

  // Friday 22:00 Close ALL operations. IF DayOfWeek = 5 AND time = 220000 THEN SELL AT MARKET EXITSHORT AT MARKET ENDIF Fridaynight = Dayofweek = 5 AND time>220000

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  // Friday 22:00 Close ALL operations. IF DayOfWeek = 5 AND time = 220000 THEN SELL      AT MARKET EXITSHORT AT MARKET ENDIF   Fridaynight = Dayofweek = 5 AND time>220000

  Oil Market close at around 23:00, and reopens after 00:00 everyday. At least at this hour there is a gap or inactivity everyday, but sometimes close before. In some cases I have noticed that cease all the trading around 220000, so just to be safe I have decided to set up closing operations on Friday at 22:00.

  After that I noticed in the backtest that the system bought at 22:45 on Friday in two occasions, causing in one of them a gap of 243 points until Monday. So to avoid any involuntary buying or selling after 22:00 I have included the Fridaynight (doesn’t sound very professional, but it works 😉

  Thanks again,

  Juan

  

  Juan Salas

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