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end of day close
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Created: by shanemcdonald28 Attachments:0

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end of day close

  #11 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,533 since Apr 2013
Thanks: 231 given, 855 received
Forum Reputation: Legendary

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.

Regards,
ABCTG


shanemcdonald28 View Post
Hi

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

shane


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The following user says Thank You to ABCTG for this post:
 
  #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, 569 received

thank you ABCTG

I appreciate your help


regards

Shane

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