close positions at end of day

[ugalee]

im backtesting a program and i need to have the positions closed out at 4:00. i tried a gethour and == 1600 then cover/sell but that doesnt work anyone know what i need to do?

[ACM]

ugalee
here is an example to close a Long position
if((getHour()*100)+getMinute()==1600&&Strategy.isL ong()==true)
Strategy.doSell(your parameters here);
Alex

[ugalee]

couldn't get it to work

i used that code and adjusted it a little and it didn't close the trade in backtesting....any idea what im doing wrong??

else if (
(getHour()*100)+getMinute()==1600&&Strategy.isLong ()==true)
onAction5();


function onAction5() {
Strategy.doSell("", Strategy.MARKET, Strategy.THISBAR, Strategy.DEFAULT, 0);
vLastAlert = 5;

[ACM]

ugalee
What interval is your chart? Does it have a bar time stamped 16:00?
For example if you had a Time Template set for 9:30-16:00 the last bar of the day will be 15:59 and the command will not trigger.
Alex

[ugalee]

ill try 15:59

ill try that and see what happens.

mike

[Doji3333]

Here is how I handle it..

var vStartHour = 6;
var vStartMin = 32;
var vEndHour = 12;//9;
var vEndMin = 58;

var vHour;
var vMin;
var vSec;
var vDay;
var vMonth;




function main() {

var vTime = new Date();
//---------------------------------------------------
// Get Time Variables
vTime = getValue("Time", 0);
vHour = vTime.getHours();
vMin = vTime.getMinutes();
vSec = vTime.getSeconds();
vDay = vTime.getDate();
vMonth = vTime.getMonth() +1;


// Within trading times..
if (((vHour > vStartHour) && (vHour < vEndHour)) || ((vHour == vStartHour) && (vMin >= vStartMin)) || ((vHour == vEndHour) && (vMin <= vEndMin)) ) { //Execute New Stop



}
// End within trading times


//---------------------------------------------------
// Close any OPEN trades after ENDTIME ....
if ( ((vHour > vEndHour)) || ((vHour == vEndHour) && (vMin > vEndMin)) ) { //Close all OPEN Trades
if (Strategy.isInTrade()) {
if ((Strategy.isShort() == true)) {
Strategy.doCover("Close Short EOD", Strategy.LIMIT, Strategy.THISBAR, Strategy.ALL, close());
drawShapeRelative(0, low() +1.25, Shape.UPARROW, null, Color.black, Shape.ONTOP, getValue("rawtime") + "EOD");
OpenContracts = 0;
}
if ((Strategy.isLong())) {
Strategy.doSell("Close Long EOD", Strategy.LIMIT, Strategy.THISBAR, Strategy.ALL, close());
drawShapeRelative(0, high() +1.25, Shape.DOWNARROW, null, Color.black, Shape.ONTOP, getValue("rawtime") + "EOD");
OpenContracts = 0;
}
}
} // END CLOSE OPEN TRADES


}

[ugalee]

thanks

ill try that.. thanks for the help..

[ugalee]

why did you use these times?

var vStartHour = 6;
var vStartMin = 32;
var vEndHour = 12;//9;
var vEndMin = 58;

[Doji3333]

PST times..

These are PST times for the west coast of the US.

Nothing specific... Just a start time and end time.

Brad