ProBack test – Exit Trade during bar

• 01/28/2022 at 11:39 AM #186823
  Paulg999

  Hi,

  Is it possible to exit a trade when the ask price crosses a level rather than having to wait fore the closed price?

  If this is possible how do i modify this?

  Exit Conditions

  // Conditions to exit long positions indicator28 = ExponentialAverage[50](close) c22 = ( CROSSES OVER indicator28) IF c22 THEN SELL AT MARKET ENDIF

  1 2 3 4 5 6 7

  // Conditions to exit long positions indicator28 = ExponentialAverage[50](close) c22 = ( CROSSES OVER indicator28)   IF c22 THEN SELL AT MARKET ENDIF

   

   

   

  

  Paulg999

  Participant

  Topics: 4

  Replies: 17

  Been thanked: 0 times
  01/28/2022 at 11:58 AM #186826
  robertogozzi

  You can achieve that by using multiple time frames, so you can access, say 1-hour candle, every minute or every second.

  Searching this forum for MTF will return you many useful articles, examples and code snippets.

  1 user thanked author for this post.

  Paulg999

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17248

  Been thanked: 4110 times
  01/28/2022 at 2:03 PM #186841
  Paulg999

  My coding is in its infancy along with my knowledge of Probacktest. I can’t seem to find what I’m looking for.

  Can you do this in the simplified or must you do it in creation by programming?

  Based on PRT attachement above my default timeframe is 2m.

  I want to exit the trade when price crosses the 20ema or a.s.a.p

  Am I write in thinking that I need to select a lower T/F (lets say 1 second) & we can use 1s closed bars to trigger the exit.

  How would this code be written?

  

  Paulg999

  Participant

  Topics: 4

  Replies: 17

  Been thanked: 0 times
  01/29/2022 at 3:09 PM #186979
  robertogozzi

  There you go:

  timeframe(default) // Conditions to exit long positions indicator28 = ExponentialAverage[20](close) c22 = (CROSSES OVER indicator28) IF c22 THEN SELL AT MARKET ENDIF

  1 2 3 4 5 6 7

  timeframe(default) // Conditions to exit long positions indicator28 = ExponentialAverage[20](close) c22 = (CROSSES OVER indicator28) IF c22 THEN    SELL AT MARKET ENDIF

  append it to your code and run it on a TF lower than 2 minutes (and of which 2 minutes is a multiple, say 10 secondfs or 1 second).

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17248

  Been thanked: 4110 times
• Author
  Posts