MultiCharts: Trading Software for Automated Trading and Backtesting

Posted: **Oct 28 2020**

I have a basic MA entry strategy where a specific condition/criteria is to happen during Premarket Hours. See code below.
The intention is not to send orders during the premarket period only to send orders during the regular session if the premarketcriteria and the regular session criteria are both true. For some reason it is not generating orders. Please help.
Thanks

Code: Select all

Inputs: 
Barsago(5); 
 
variables: 
intrabarpersist bool PreMarketCriteria(false); 
 
PreMarketCriteria = false; 
 
if Time > 810 and Time < 920 
and Average(Close, 30) < Close then 
begin 
                PreMarketCriteria = true; 
end 
else 
begin 
                PreMarketCriteria = false; 
end; 
 
if Time > 940 
and Time < 1600 
and PreMarketCriteria 
and Average(Close, 5) < Close[Barsago] 
and MarketPosition = 0 then 
begin 
     Buy ("LEMAXTIME") Next bar at Market; 
end; 

      // Built in Stops and Targets   
SetStopLoss( 30 ) ;   
SetProfitTarget( 30 ) ;   
   
       // Set Exit on Close for Backtesting   
SetExitonClose;

Posted: **Oct 28 2020**

Try this:

Code: Select all

Inputs: 
Barsago(5); 
 
variables: 
intrabarpersist bool PreMarketCriteria(false); 
 
//PreMarketCriteria = false; 
 
if Time > 810 and Time < 920
then 
begin
     if Average(Close, 30) < Close then 
     begin 
                PreMarketCriteria = true; 
     end 
     else 
     begin 
                PreMarketCriteria = false; 
     end; 
end;
 
if Time > 940 and Time < 1600 
and PreMarketCriteria 
and Average(Close, 5) < Close[Barsago] 
and MarketPosition = 0 then 
begin 
     Buy ("LEMAXTIME") Next bar at Market; 
end; 

      // Built in Stops and Targets   
SetStopLoss( 30 ) ;   
SetProfitTarget( 30 ) ;   
   
       // Set Exit on Close for Backtesting   
SetExitonClose;

Posted: **Oct 29 2020**

Thanks TJ works great.

MultiCharts: Trading Software for Automated Trading and Backtesting

Premarket reference Strategy

Premarket reference Strategy

Re: Premarket reference Strategy [SOLVED]

Re: Premarket reference Strategy