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end of day close
Started:August 30th, 2014 (04:12 PM) by shanemcdonald28 Views / Replies:1,898 / 11
Last Reply:August 31st, 2014 (04:11 PM) Attachments:0

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end of day close

Old August 31st, 2014, 03:11 PM   #11 (permalink)
 Vendor: abctradinggroup.com 
Hamburg Germany
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
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The reason for that is that rarely a non time based bar will end exactly at your specified time.
There are two ways to deal with that:

1. For historic exits take the exit if the next bar is later than your end time and the current bar is not. You can do this as you have reserved words to look into the future.
2. For realtime exits use the computer time and trigger the exit based on that.

It will take you some programming, but this works nicely.


shanemcdonald28 View Post

It does not seem to work on point, range or renko type charts.


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The following user says Thank You to ABCTG for this post:

Old August 31st, 2014, 04:11 PM   #12 (permalink)
Trading for Profit
new york
Futures Experience: Intermediate
Platform: X Trader, Sierra Charts, Multicharts
Broker/Data: AMP/TT, Vision/Rithmic, AMP/CQG
Favorite Futures: CL, NG, gold
Posts: 355 since Mar 2012
Thanks: 665 given, 567 received

thank you ABCTG

I appreciate your help



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