Current Price in different timeframes

• 01/03/2023 at 9:34 AM #206710
  fonsie

  Hi,

  First off i want to explain that i’m new to programming and to PRT so excuse me in advance. I’ve tried to find a solution now for a couple of days but have a hard time.

  I want to buy the close if the index is up more than X percent and above MA200 the same day and then sell the open the day after.

  The problem i’ve encountered is getting the current price before close and compare it from the previous days close. I came across the function timeframe and was thinking that using that in 5 min and update the price before close and then compare it with yesterdays price.

  Anyone have a good solution to this and what timeframe as default would you use for this solution?

  Sounds simple but i guess it’s not, thanks in advance.

  

  fonsie

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  01/03/2023 at 10:05 AM #206711
  robertogozzi

  So, what do you want X% to be calculated on?

   

  

  robertogozzi

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  01/03/2023 at 10:16 AM #206712
  fonsie

  I want X% to be calculated on yesterday’s close, just like they do with stocks.

  For example yesterday dax closed at 14070 and current price is 14255 and it is up 1.33%. So at today’s close if Dax is still up X% I want to buy to sell immediately at open tomorrow.

  

  fonsie

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  01/03/2023 at 10:20 AM #206713
  fonsie

  //Current price in 5min timeframe timeframe(5 minutes, updateonclose) CurrentPrice = close timeframe(default) IF TIME = 210000 THEN buyconditiontime = 1 ELSE buyconditiontime = 0 ENDIF MA1 = Average[200](open) MA2 = open > MA1 PercentageDiff = (CurrentPrice > close*1.015) IF PercentageDiff THEN dailypercentage = 1 ELSE dailypercentage = 0 ENDIF IF NOT LongOnMarket AND buyconditiontime AND MA2 AND dailypercentage THEN BUY 1 CONTRACTS AT MARKET ENDIF IF TIME = 090000 THEN sellconditiontime = 1 ELSE sellconditiontime = 0 ENDIF // Conditions to exit long positions If LongOnMarket AND sellconditiontime THEN SELL AT MARKET ENDIF

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  //Current price in 5min timeframe timeframe(5 minutes, updateonclose) CurrentPrice = close   timeframe(default)   IF TIME = 210000 THEN buyconditiontime = 1 ELSE buyconditiontime = 0 ENDIF   MA1 = Average[200](open) MA2 = open > MA1   PercentageDiff = (CurrentPrice > close*1.015)   IF PercentageDiff THEN dailypercentage = 1 ELSE dailypercentage = 0 ENDIF   IF NOT LongOnMarket AND buyconditiontime AND MA2 AND dailypercentage THEN BUY 1 CONTRACTS AT MARKET ENDIF   IF TIME = 090000 THEN sellconditiontime = 1 ELSE sellconditiontime = 0 ENDIF   // Conditions to exit long positions If LongOnMarket AND sellconditiontime THEN SELL AT MARKET ENDIF

  This was what i thought would be correct but it’s not since i cant use timeframe 5 min then go back to daily candles.

  

  fonsie

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  01/03/2023 at 10:49 AM #206716
  robertogozzi

  You can refer to daily constants Dopen(0), Dhigh(0), Dlow(0) and Dclose(0) to acces today’s daily data. Use (1) to refer to yesterday’s daily data, etc…

   

   

  

  robertogozzi

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  01/03/2023 at 11:15 AM #206718
  JS

  Hi @fonsie

  You can use something like that…

  Fonsie PRT forum

  xPercent= 1.33 xDifference = (DClose(0) - DClose(1))/DClose(1) * 100 If NOT OnMarket and xDifference >= xPercent then Buy 1 contract at Market EndIf If NOT OnMarket and xDifference <= xPercent then SellShort 1 contract at Market EndIf

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  xPercent= 1.33   xDifference = (DClose(0) - DClose(1))/DClose(1) *  100   If NOT OnMarket and xDifference >= xPercent then Buy 1 contract at Market EndIf   If NOT OnMarket and xDifference <= xPercent then SellShort 1 contract at Market EndIf

  

  JS

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  01/03/2023 at 11:24 AM #206719
  fonsie

  Thanks for the support and tips, i’ll give it a try!

  Much appreciated!!

  

  fonsie

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  01/03/2023 at 12:19 PM #206722
  fonsie

  // Conditions // Buy at 21:00 if index is above MA200 and up 1% same day. // Index must be above MA200 for positive trend MA1 = Average[200](close) MA2 = close > MA1 xPercent= 1.33 xDifference = (DClose(0) - DClose(1))/DClose(1) * 100 // Time condition for Buy at 21:00 IF TIME = 210000 THEN buyconditiontime = 1 ELSE buyconditiontime = 0 ENDIF // Buy 1 contract if the above indicators are true IF NOT LongOnMarket AND buyconditiontime AND MA2 AND xDifference >= xPercent THEN BUY 1 CONTRACTS AT MARKET ENDIF // Time condition for Sell at 9:00 the day after IF TIME = 090000 THEN sellconditiontime = 1 ELSE sellconditiontime = 0 ENDIF // Conditions to exit long positions If LongOnMarket AND sellconditiontime THEN SELL AT MARKET ENDIF

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  // Conditions // Buy at 21:00 if index is above MA200 and up 1% same day. // Index must be above MA200 for positive trend MA1 = Average[200](close) MA2 = close > MA1   xPercent= 1.33 xDifference = (DClose(0) - DClose(1))/DClose(1) *  100   // Time condition for Buy at 21:00 IF TIME = 210000 THEN buyconditiontime = 1 ELSE buyconditiontime = 0 ENDIF   // Buy 1 contract if the above indicators are true IF NOT LongOnMarket AND buyconditiontime AND MA2 AND xDifference >= xPercent THEN BUY 1 CONTRACTS AT MARKET ENDIF     // Time condition for Sell at 9:00 the day after IF TIME = 090000 THEN sellconditiontime = 1 ELSE sellconditiontime = 0 ENDIF   // Conditions to exit long positions If LongOnMarket AND sellconditiontime THEN SELL AT MARKET ENDIF

  It works but the results are not that good 🙂

  Also i’m running it in 1hour timeframe but when backtesting i only get 30 total trades. Would like to expand the backtesting period, is it possible to do the same execution but in a daily timeframe?

  

  fonsie

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  01/03/2023 at 2:48 PM #206726
  JS

  Hi @fonsie

   

  You can use the code in a daily time frame only then you can no longer use the times (Time)…

  The times (Time) are only triggered when you use a time frame of one hour…

  

  JS

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  01/03/2023 at 4:30 PM #206729
  robertogozzi

  Actually you might use multiple time frames, so you can wait for some conditions to be met on a Daily TF and other ones on a smaller TF.

   

  

  robertogozzi

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