A few minutes (or hours, according to the timeframe involved) before certain news I would like to freeze a running strategy without interrupting it and without closing open trades.
I haven’t found instructions on how to manage that issue, so I decided to wrote a simple strategy than opens a trade each 1-minute-bar, continuosly (of course it is just for demo accounts so I don’t care whether it loses or gains) and, each bar, it CALLs a custom indicator (named FreezeStrategy) that simply returns 0 or 1.
If it returns 0 my strategy just operates normally and continuosly opens and closes trades. If it returns 1 it STOPs opening new trades.
My idea was to modify the Indicator a few minutes before the news (say 14:20 UTC+2 for NFP) so that it returns 1 and my strategy freezes. When I want my strategy to resume operating I should just modify it (and validate the code each time) so that it returns 0 again.
It seems fine, but it DOES NOT work!!! I guess ProOrder doesn’t actually CALL the indicator at each bar, but it CALLs it only when the strategy is started, so any change I may make to the code, the strategy is not affected.
Is there any way to FORCE the strategy to CALL the indicator at each bar?
Thank you for your help.
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Indicator (FreezeStrategy):
RETURN 0 // 1 to freeze my strategy
<hr />
My strategy:
DEFPARAM CumulateOrders = False
IF LONGONMARKET THEN
SELL AT MARKET // close any open trade, no matter if shows a profit or loss
ENDIF
Inactive = CALL FreezeStrategy
IF( close <= close[1]) OR (close > close[1]) THEN // open a trade no matter what
IF Inactive = 0 THEN
BUY 1 CONTRACT AT MARKET // LONG trades just as an example
ENDIF
ENDIF
SET STOP PLOSS 2
SET TARGET PPROFIT 2
.
