Strategy: second data series for using correct entry times with renko-bars

September 1st, 2023, 05:44 AM

Hello strategy programmers,

I am using a entry period in my strategy.

While working with time bars I am having no problems with the correct entry time span.

If I am changing to renko-bars, then the system is not checking, that an order is to late.
I am using close bars and that will not change.

Here is the text, that I wrote with starting at code line 77:

// Here is the check for the valid entry period.
// Most likely the assignment to the second data series from the 1-minute chart is missing here,
// because by means of Renko probably only the times of the closed bars are used instead of realtime.
// (by the way, the staregy works with closed renkos, i.e. close-bars).
// The question arises whether the time condition has to be included elsewhere.
// However, previous attempts proved unsuccessful.

You will find the ExampleStrategy as attachment.

Thank you for helping me!

Best regards,
Renkotrader

October 14th, 2023, 04:24 PM

Just use the secondary time series as the input for the if statement. Thats is secondary Times[1][0] instead of primary Times[0][0]

Code

(Times[1][0].TimeOfDay >= startTime.TimeOfDay) && (Times[1][0].TimeOfDay <= endTime.TimeOfDay))

October 14th, 2023, 04:58 PM

Renkotrader

Hello strategy programmers

Actually having a second look at this that if statement does nothing. You should to turn it into a bool variable like this,

Code

bool CanTrade = Times[1][0].TimeOfDay >= startTime.TimeOfDay && Times[1][0].TimeOfDay <= endTime.TimeOfDay

Then use that bool in the crossover condition. Something like this.

Code

if (CanTrade)
    {
if (CrossAbove(smaFast, smaSlow, 1))
EnterLong();
        else if (CrossBelow(smaFast, smaSlow, 1))
EnterShort();
    }

Of course then you will have to handle the exits after you have a position and CanTrade is =false

Strategy: second data series for using correct entry times with renko-bars

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Strategy: second data series for using correct entry times with renko-bars