How to Code Time Between to Trade?

[smurf77 10]

Hi,

 

For backtesting, I would like to set up a minimum number of days (5 day) between two trades:

I tried that:

barssinceexit(1) > 5, it didn't work... I tried a few other possibilities too. Didn't work!

 

Thanks for your help,

 

Smurf

[Tams 20]

Hi,

 

For backtesting, I would like to set up a minimum number of days (5 day) between two trades:

I tried that:

barssinceexit(1) > 5, it didn't work... I tried a few other possibilities too. Didn't work!

 

Thanks for your help,

 

Smurf

 

have you read the manual on how to use "barssinceexit" ?

[smurf77 10]

yes, I read this manual again and again and look on internet. I am actually not sure it's the right command for what I a want to do but I can not think about something else... any suggestion?

[EasyTrader_I 10]

HI smurf77,

 

If you need Time Gap between the trades, then you can use Bassinceexit(1) > 5 then...as you have used.

 

But you have to make sure that you have a condition in the entry

If Maarketposition = 0 then Buy.....
If MarketPosition = 0 then SellShort.....

 

The Bolded words are important, as this will make sure that your entries are neither a stop&Reverse, Not enter immediately.

 

Hope that will help...

 

EasyTrader_I

Edited March 31, 2011 by EasyTrader_I
typo

[smurf77 10]

Hi,

 

Thank you for your answer but it doesn't work.

 

Here is the piece of code:

-------------------------------------------------------------------------------------------

condition1 = Average(close,8) crosses over Average(close,12) ;

condition2 = barssinceentry(1) > 5;

condition3 = marketposition=0;

 

IF condition1 and condition2 and condition3 THEN BUY 1 share next bar AT MARKET;

----------------------------------------------------------------------------------------------

 

What do you think?

 

Thanks

[EasyTrader_I 10]

Hi smurf77,

 

Check your Condition2.

 

It Should be barssinceExit(1) > 5 .....

 

Thanks,

EasyTrader_I.

[smurf77 10]

oh yes, sorry (bad copy and paste), in the code it's actually barssinceexit(1)>5 but it doesn't work.

here is all the code:

 

condition1 = Average(close,8) crosses over Average(close,12) ;

condition2 = close > average (close,300) ;

condition3 = barssinceexit(1)>5;

condition4 = marketposition=0;

 

IF condition1 and condition2 and condition3 and condition4 THEN BUY 1 share next bar AT MARKET;

 

//SELL SIGNAL

if marketposition=1 then sell next bar at(entryprice+10)limit;

setstoploss(20);

if currentbar - barssinceentry(0)= 22 then sell next bar at market;

 

Any ideas?

 

Thanks a lot!

[EasyTrader_I 10]

Hi smurf77,

 

In your code condition3 will always be False, as you are applying the condition for the very first trades where you don't have Exit. Hope you understand my Point.

 

Please try the following code..

condition1 = Average(close,8) crosses over Average(close,12) ;
condition2 = close > average (close,300) ;
condition3 = barssinceexit(1)>5;
condition4 = marketposition=0;

IF condition1 and condition2 and (condition3 or Totaltrades < 1) and condition4 THEN BUY 1 share next bar AT MARKET;

//Print(D, T, Condition1, Condition2, Condition3, Condition4);
//SELL SIGNAL
if marketposition=1 then sell next bar at(entryprice+10)limit;
setstoploss(20);
if currentbar - barssinceentry(0)= 22 then sell next bar at market;

 

I have added an (Or) condition.

 

Good Luck.

EasyTrader_I

Edited April 1, 2011 by EasyTrader_I
coment added

[EasyTrader_I 10]

One more thing that I forget to post here is your Barssinceentry.

 

BarsSinceEntry(Num)

Where Num is a whole number (up to a maximum 10) representing positions ago.

 

Hope it cannot have 0. Unless you are working with the Intrabar Order Generation.

 

Good Luck.

EasyTrader_I

Edited April 1, 2011 by EasyTrader_I
IOG

[smurf77 10]

Thank you!!! I appreciate your help very much. It looks like it's working! Now, I just need to figure out one hundred thousand other things :-))