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exit long position at specfic time


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exit long position at specfic time

  #1 (permalink)
 Kennyb59 
Washington, DC, USA
 
Experience: Advanced
Platform: ThinkorSwim
Trading: stocks
Posts: 2 since Jan 2012
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I am trying to exit a long position at 9:05am using 5 min bars. I want it to trade after 10 am.

I have the following code and I would expect it to exit at 9:05am with 5 min bars yet it does not exit. Any suggestions?

{
if ((ToTime(Time[0]) >= 085500) || (ToTime(Time[0]) <= 090000))
{ if (Position.MarketPosition == MarketPosition.Long)


{
ExitLong("MACDlongexit");
}

Ken

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  #3 (permalink)
 
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 ratfink 
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Kennyb59 View Post
I am trying to exit a long position at 9:05am using 5 min bars. I want it to trade after 10 am.

I have the following code and I would expect it to exit at 9:05am with 5 min bars yet it does not exit. Any suggestions?

{
if ((ToTime(Time[0]) >= 085500) || (ToTime(Time[0]) <= 090000))
{ if (Position.MarketPosition == MarketPosition.Long)


{
ExitLong("MACDlongexit");
}

Ken

The Ninja bar time will be the bar close time and on minute bars seconds is always zero, just put some Prints on it to see what you want, maybe move the times you have selected and use && rather than || or a single == test and play with different series if you need more precision.

e.g.

if (ToTime(Time[0]) == 090000)
{
Print("Time " + Time[0]);
}

Prints on every 0900 bar into the output window.

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