No overnight positions - Trading Software

No overnight positions

Matt Johnson
2015-04-25 21:31:54

Is it possible to set up a close/cover rule or stop so that all positions are exited before the close of the trading day? If so can you please provide the code to do so. I am working on a 1-minute intraday strategy and do not want to hold any positions overnight. Thank you in advance!

QuantShare
2015-04-27 04:02:23

Hi Matt,

Here is how:

nd = day() != ref(day(), -1);
sell = nd;
cover = nd;
SetSimTiming(_Sell, _Close, -1);
SetSimTiming(_Cover, _Close, -1);

chaz
2015-05-06 14:50:36

Mat,
Assuming you are trading during standard NYSE trading hours 9.30 - 16.00, you can try my approach for intrday 1min timeframe:

Time2Sell = 930; // ex.: sell after 15.30 -> 15*60+30
TradingTime = Hour()*60 + Minute() ;

sell = Your_formula || TradingTime >= Time2Sell ;
cover = Your_formula || TradingTime >= Time2Sell ;

It gives you more control and time to get orders filled; going for last minute period may not get orders filled, at least it is my experience.

Get more messages

No more messages

Back


Trading Items Holding period return - classifying positions Overnight Gap Up Trading System Minimum Number of Positions in a Trading System EURUSD Long Positions Ratio Money management to Reject Trading Positions Based on their Past ...	How-to Lessons How to quickly add several positions to your portfolio How to dynamically change the number of positions in a portfolio? How to optimize the number of positions in a trading system How to use the Fibonacci retracement drawing tool How to create a strategy-based portfolio
Related Forum Threads Detect flat positions Different Stops for Long/Short Positions Holding Constant Positions How to define an alternate asset to buy when no positions are hel... How to read the number of positions in trading system	Blog Posts How to Create Custom Metrics for Your Trading Positions Rules performance for different volatility regimes 6 ideas to implement in your portfolio to reduce your trading ris... 6 techniques to improve the performance of your stock trading str... How to get buy and sell orders for a portfolio based on a trading...