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Exit open positions based on time
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Exit open positions based on time

  #1 (permalink)
Elite Member
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Exit open positions based on time

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;

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  #2 (permalink)
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  #3 (permalink)
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guppy View Post
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

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Need help?
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  #4 (permalink)
Elite Member
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Thanks BigMike. Was there something flawed in my original code though?

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  #5 (permalink)
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guppy View Post
Thanks BigMike. Was there something flawed in my original code though?

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

Mike

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The following user says Thank You to Big Mike for this post:
 
  #6 (permalink)
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Posts: 1 since Mar 2017
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My first post.....this old thread helped with my venture into writing code....thx.

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