No Trade on First Friday in Month and on each Thursday afternoon

• 09/15/2016 at 11:00 PM #13150
  Bolu14

  Hello,

  i try to build an Strategy System to trade the sideway Times on Market. So i need a code to avoid trade on the First Friday in Month (NFP Non Farm Payrols) and on each Thursday Afternoon, because there are many news so the market is trendy.

  My Code was:

  IF (CurrentDayofWeek = 5 and Date <= 07 and Hour >= 12) THEN
  …..
  ENDIF

  IF (CurrentDayofWeek = 4 and Hour >= 12) THEN
  …..
  ENDIF

  The second part, it seems, thats runs, but the first part does not run. There the system avoid on every Friday after 12 o`clock a trade. But it should do only on the first Friday in month. I think the Part “and Date <= 07” does not run.

  How can i realise this?

  Thanks.

   

   

  

  Bolu14

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  09/16/2016 at 8:16 AM #13152
  JC_Bywan

  Hi,

  “Date” format is year and month and day, so date<=7 wouldn’t do what you want. You probably want to use “day” instead.

  Also, currentdayofweek is litterally the current one, so it wouldn’t work in historic data, you probably want to use dayofweek instead.

  Coding example for singling out the NFP day can be found in the following topic:

  http://www.prorealcode.com/topic/how-to-halt-strategy-during-high-volatility-news/

   

  

  JC_Bywan

  Moderator

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