Study Based on Time

[InvGrp2]

I need some help in writing a study the would be based upon two things: the previous day's close and time.

For instance at a certain time if the price was above the previous day's close I would go long and exit at a certain time.

Conversely, at a certain time if the price was below the prior day's close I would go short and exit at a certain time.

If possible, I would like to be able to change the trade directions and the times.

Thanks.

Bruce

P.S. I tried creating it myself but to be honest this one (and most of them) are above my ability.

[ACM]

Bruce
To define a specific time or a time range you can use the following conditional statements

if((getHour(0)*100)+getMinute(0) == your_time)//if at a specific time for example 945 for 9:45
//or
if((getHour(0)*100)+getMinute(0) > your_start_time && (getHour(0)*100)+getMinute(0) < your_end_time)//if within a time range 

To determine if the current value is above or below yesterday's Close you can use the following conditional statements

if(close(0) > close(-1,inv("D")))//if above yesterday's daily Close
if(close(0) < close(-1,inv("D")))//if below 

Based on the examples shown above you should be able to write your own conditions upon which to execute your commands
Alex