Exit open positions based on time

November 22nd, 2011, 06:33 PM

in the following easylanguage code why doesnt this seem to exit all open positions?

if time > 1255 then
begin
sell 1 contracts next bar at market;
buytocover 1 contracts next bar at market;
end;

November 22nd, 2011, 06:37 PM

Thread Moved

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November 22nd, 2011, 06:39 PM

guppy

in the following easylanguage code why doesnt this seem to exit all open positions?

if time > 1255 then
begin
sell 1 contracts next bar at market;
buytocover 1 contracts next bar at market;
end;

Try something like

Code

if MarketPosition <> 0 and time > 1255 then begin

  if MarketPosition = 1 then Sell All Contracts Next Bar At Market;
  if MarketPosition = -1 then Buytocover All Contracts Next Bar At Market;

end;

You need to also be sure you've added code to your signal to prevent new entries from triggering after this time.

Mike

November 22nd, 2011, 06:53 PM

Thanks BigMike. Was there something flawed in my original code though?

November 23rd, 2011, 02:52 PM

guppy

Thanks BigMike. Was there something flawed in my original code though?

Your original code does not take into consideration what I posted/stated.

Mike

April 27th, 2017, 01:53 PM

My first post.....this old thread helped with my venture into writing code....thx.

March 25th, 2018, 12:13 PM

Is your issue that you are trying to close multiple contracts? You should be able to just eliminate the "1 contracts" bit from each line in your code. This is assuming that sell won't sellshort and buytocover won't buy, which is my understanding.
Alan

if time > 1255 then
begin
sell next bar at market;
buytocover next bar at market;
end;

Exit open positions based on time

Discussion in EasyLanguage Programming

Exit open positions based on time