Wont BUY First day of month if its a Monday 

• 01/10/2021 at 4:16 AM #157164
  Nobody

  Wont BUY First day of month if its a Monday

   

  I noticed inconsistent proorder behaviour with the following code:

  if not longonmarket and month = 11 then buy 1 contract at market endif if month <> 11 then sell at market endif

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  if not longonmarket and month = 11 then buy 1 contract at market endif   if month <> 11 then sell at market endif

   

  The above code is intended to buy the first bar of Nov and sell after month end.

  Bug: If the first bar of the month is a Monday, the signal trigger a bar late.

  

  Nobody

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  01/10/2021 at 5:47 AM #157167
  robertogozzi

  Because Month is the month when a bar closes, while OpenMonth when a bar opens.

  So if Oct.31st is when market is closed there’s no bar and the beginning of the next month cannot be detected until the nexr bar closes, that is when the Monday bar closes in this case.

  But it would be the same on a, say,Wednesday if the previous day markets were closed.

   

  

  robertogozzi

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  01/10/2021 at 7:30 AM #157168
  Nobody

  Not going to be hard for PRT to code that in . Its all known in advance . Just makes a seasonal monthly test inaccurate  .  i think PRT CAN solve it , its just whether they want to   .   Anyway now anyone knows buying month = is getting flawed results  .

   

  I did note Nicholas wrote a last trading day of month code somewhere before , will see if i can find it . Maybe a first trading day of month companion code can be written

  

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  01/10/2021 at 8:46 AM #157169
  KDH

  I have encountered this same issue and it is frustrating.

  Can anyone suggest 100% working code for how to buy on the open on the first day of the month?

  

  KDH

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  01/10/2021 at 8:55 AM #157170
  Vonasi

  Brisvegas – Your post has been edited.

  • Always use the ‘Insert PRT Code’ button when putting code in your posts to make it easier for others to read.

  

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  01/10/2021 at 9:24 AM #157171
  Vonasi

  KDH wrote:

  Can anyone suggest 100% working code for how to buy on the open on the first day of the month?

  Use MTF to get you on the market at the opening of the 2nd 1 second candle of the month.

  timeframe (1 second) if openmonth <> openmonth[1] then buy 1 contract at market endif

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  timeframe (1 second) if openmonth <> openmonth[1] then buy 1 contract at market endif

   

  Not tested.

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  Vonasi

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  01/11/2021 at 8:47 AM #157269
  Nicolas

  Last day of trading of the month code snippet and explanation can be found here: https://www.prorealcode.com/topic/coding-help/#post-46525

  Link to many other useful snippets: https://docs.google.com/spreadsheets/d/1rgboqj7sVwsP9ZRhOduOefye48QMWC07jWVXCl-KJPU/edit#gid=0

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