Daily Strategy with execution on Timer
Daily Strategy with execution on Timer
30 May 2016, 21:02
Hello,
I am running a daily strategy, which updates all indicators and variables on OnBar() event (Daily bar).
In the current strategy a trade is opened after the new bar was generated and the strategy conditions are met.
Rather than waiting for the close, I would like to place the order 5 minutes before the close (21:55).
Using a simple example:
If current close > 100D MA buy 1m EUR/USD.
So if this condition is met I want to open the trade at 21:55 (before the daily bar is generated).
Any help would be much appreciated.
Cheers
Replies
cyfer
31 May 2016, 16:03
You can go for something like this
protected override void OnBar()
{
if (Time.Hour == 21 && Time.Minute >= 55)
{
Print("Execution Time");
}
else
{
Print("We wait for the proper time");
}
}
You can also test Server.Time.Hour instead of Time.Hour and see what suites you
If your strategy is based on a specific time of the day , I strongly advise against using OnTick() , its an overhead for nothing
@cyfer
DELETED_USER
23 Jun 2016, 11:48
Thanks for your reply. OnBar() is set to Daily, so would your code actually execute?
The strategy is based on daily bars however I want to generate the trading signal before 10pm close due to tighter spread than wait for the day open at 22:05 and just execute the order OnBar() Open.
DELETED_USER
29 Jun 2016, 00:25
RE:
Hi Cyfer,
Does Time.Hour use the CurrentTime in Calgo and Server.Time.Hour the Windows time of the server?
Thanks
cyfer said:
You can go for something like this
protected override void OnBar() { if (Time.Hour == 21 && Time.Minute >= 55) { Print("Execution Time"); } else { Print("We wait for the proper time"); } }You can also test Server.Time.Hour instead of Time.Hour and see what suites you
If your strategy is based on a specific time of the day , I strongly advise against using OnTick() , its an overhead for nothing
cyfer
29 Jun 2016, 02:53
Hello Marc
This Uses Your Windows Time
DateTime.Now.Hour
And Server.Time Sure uses the Server Time
There was something about the difference between Time.Hour & Server.Time.Hour that Spotware mentioned in a Thread but I Can't remember what it was .
Is your bot using other TimeZone than UTC ? If no , I think Time.Hour & Server.Time.Hour will be the same . but i'm not sure
best way is to Log them(Print their Values) to see the difference between them .
@cyfer
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