Close position after 5 bar passes

r.stipriaan
27 Sep 2022, 21:40

Hi hamirady60, 

I think its not posible to close positon on bars, i use this method, it works with time. 

            var SellPosition = Positions.Find("Short", SymbolName, TradeType.Sell);

            if (SellPosition != null &&  SellPosition.EntryTime.AddHours(5) < TimeInUtc)
            {
                ClosePosition(Positions.Find("Short", SymbolName, TradeType.Sell));
            }

firemyst
04 Oct 2022, 03:18

RE:

r.stipriaan said:

Hi hamirady60, 

I think its not posible to close positon on bars, i use this method, it works with time. 

 

            var SellPosition = Positions.Find("Short", SymbolName, TradeType.Sell);

            if (SellPosition != null &&  SellPosition.EntryTime.AddHours(5) < TimeInUtc)
            {
                ClosePosition(Positions.Find("Short", SymbolName, TradeType.Sell));
            }

 

Positions can be closed on bars.

Here's one way to do it:

1) set a global variable for keeping track:

int _indexOrderPlaced = 0;

int _currentIndex = 0;

2) in OnStart, reset the value to zero:

_indexOrderPlaced = 0;

_currentIndex = Bars.OpenTimes.GetIndexByTime(Bars.OpenTimes.LastValue);

3) When an order is placed, get the bar's current index similar to:

_indexOrderPlaced = Bars.OpenTimes.GetIndexByTime(Bars.OpenTimes.LastValue);

Every time OnBar is called:

//Get the current index

_currentIndex = Bars.OpenTimes.GetIndexByTime(Bars.OpenTimes.LastValue);

//Check if it's within 5 of the order being placed

if (_currentIndex - _indexOrderPlaced > 5)

{

//close the position here

//reset this

_indexOrderPlaced = 0;

}

Just a schematic, but should help to get you started.