When will position be closed with signal last period of day

• 08/14/2016 at 12:50 PM #11670
  Somatolysis

  Hi,

  just to be  sure because in this case I have no livetrading experience:

  Example:

  I have a long position

  timeframe 1 hour

  trading hours 080000 to 220000 (you know that IG offers longer trading hours but I don´t like to use them)

  Then the signal to sell the position comes with the last candle of the day (210000 until 220000).

  In Backtest the position is closed at 080000 next day.

  Is this in livetrading the same? German support of Prorealtime says, yes. Is it true? Has anyone livetrading experience with such a situation?

   

  Thanx in advance,

   

  Soma

  

  Somatolysis

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  08/14/2016 at 1:05 PM #11673
  Elsborgtrading

  Hi Soma.

  The code you are describing is not clearly to me, without the code.

  Perhaps what you are looking for is the DEFPARAM. here are an example.

  Cheers Kasper

  //====NO Position open between 23:00-07:00 defparam flatbefore=070000 defparam flatafter=230000 //===================================== //====No trade bewteen these hours IF (Time >= 080000 AND Time <= 220000) then Tradetime=1 else Tradetime=0 endif //========================== IF condition and tradetime then BUY PositionSize CONTRACTS AT MARKET ENDIF

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  //====NO Position open between 23:00-07:00 defparam flatbefore=070000 defparam flatafter=230000 //=====================================   //====No trade bewteen these hours IF (Time >= 080000 AND Time <= 220000) then Tradetime=1 else Tradetime=0 endif //==========================   IF condition and tradetime then BUY PositionSize CONTRACTS AT MARKET ENDIF

   

  

  Elsborgtrading

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  08/15/2016 at 8:38 AM #11711
  Somatolysis

  it´s not the defparam.

  Example:

  Lets say I have a long position and will sell with.

  if longonmarket and close crosses over average[200] then

  sell at market

  endif

   

  Trading hours 080000 to 220000

  The signal comes at 220000

   

  The Backtest sells at 080000 next day.

  But when will the live system sell.

  080000 next day, too? Or after 220000 because IG has longer trading hours live?

  Thank you.

  

  Somatolysis

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  08/15/2016 at 12:13 PM #11720
  Nicolas

  Just test if hour of crossover is not the last hour of trading hours. If it is true, don’t allow trade and wait for the next signal.

  

  Nicolas

  Keymaster

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  08/15/2016 at 9:43 PM #11749
  Somatolysis

  Hi Nicolas,

  I already do this in all of my live systems. Just wanted to be sure. I will test it with a small position in the next time and will let you know.

  

  Somatolysis

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