Open trade at a certain time

April 1st, 2023, 05:14 PM

Hi,

Is there a way to buy or sell at a certain time rather than at close of the bar?

If venter = 1 then Begin
If currententries = 0 then Buy("B1") Noofcontracts contract this bar at Close;
If currententries = 1 then Buy("B2") Noofcontracts contract this bar at Close;
venter= 0;
end;

Thanks!

kevinkdog · April 1st, 2023, 05:31 PM

highjohn

Hi,

Is there a way to buy or sell at a certain time rather than at close of the bar?

If venter = 1 then Begin
If currententries = 0 then Buy("B1") Noofcontracts contract this bar at Close;
If currententries = 1 then Buy("B2") Noofcontracts contract this bar at Close;
venter= 0;
end;

Thanks!

if time=XXX then buy next bar at open;

You just have to have a bar with the time you list in the code.

April 1st, 2023, 05:45 PM

kevinkdog

if time=XXX then buy next bar at open;

You just have to have a bar with the time you list in the code.

Thank you. But the 'next bar' on the hourly chart may be after quite a bit of time. Isnt it?

kevinkdog · April 1st, 2023, 06:29 PM

highjohn

Thank you. But the 'next bar' on the hourly chart may be after quite a bit of time. Isnt it?

If time is an issue, you could use stop or limit orders:

If XXXX then buy next bar at YYYY stop;

If XXXX then buy next bar at ZZZZ limit;

those will execute during the next bar.

Also, you could look at Intrabar Order Generation, which would execute at next tick once a condition turns true. But you can't backtest with that.

ABCTG · April 3rd, 2023, 04:18 AM

highjohn,

another approach could be using a lower timeframe for the trading. Either in conjunction with a higher timeframe on Data 2 or by tracking higher timeframe values internally within the code using the underlying lower timeframe.

Regards,

ABCTG

Open trade at a certain time

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Open trade at a certain time