Enter at 10am instead of market open in a daily strategy

eralbanese

#1

1/13/2021 5:03 AM

I have a few strategies that are evaluated on a daily bar basis but I want to enter buy/sell the trade at market at 10am instead of market open. Is this possible?

Eugene

#2

1/13/2021 5:45 AM

Buy at Market at certain time

eralbanese

#3

1/13/2021 4:59 PM

Thanks, I've tried coding it and all I receive back is a Monte Carlo Error " Object Reference not set to an instance of an object". I am using the 30 min charts from Alpha

Okay, "you have a few strategies" where you "tried coding it" and it (apparently your call to GetTime?) produces an error. Very informative! :)

Try to follow the several examples for GetTime in the Wiki precisely and it should work. Given that you've switched to 30-min charts this is the best advice since everything is unknown.

eralbanese

#5

1/13/2021 5:20 PM

CODE:
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Sorry, I will be more specific. This was run on a 30-min watchlist to try and buy at 10am and to just sell after a few days as a test.

Eugene

#6

1/13/2021 5:37 PM

That's incomplete, broken code where you've inserted different parts at random. Maybe it helps if you show us the real code to add GetTime to?

eralbanese

#7

1/14/2021 12:14 AM

Eugene, even the supplied code for intraday runners is failing on me.

CODE:
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I've tried to run this on every intraday timeframe with alpha data (api enabled) with the same results. " Object Reference not set to an instance of an object"

Size:

Color:

Eugene, even the supplied code for intraday runners is failing on me.

[code]using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;

namespace WealthLab.Strategies
{
	public class DefendiFirstHourBreakout : WealthScript
	{
		private StrategyParameter paramPT;
		private StrategyParameter paramSL;
		
		public DefendiFirstHourBreakout()
		{
			paramPT = CreateParameter("Profit Target %",1,1,20,1.0);
			paramSL = CreateParameter("Stop Loss %",0.5,0.5,10,0.5);
		}
		
		public int GetTime(int bar)
		{
			return Date[bar].Hour * 100 + Date[bar].Minute;
		}
		
		protected override void Execute()
		{
			if ( Bars.IsIntraday )
			{
				double target = paramPT.Value;
				double stop = paramSL.Value;
				double High60 = 0;
				double Low60 = 0;
				int n = Bars.BarInterval;
				int num = ( 60 / n ) - 1; // the first hour bar
				int firstIntradayBar = -1;
				EMA ma = EMA.Series( Close,9,EMACalculation.Modern );
				PlotSeries( PricePane, ma, Color.Black, LineStyle.Solid, 1 );
				
				for(int bar = GetTradingLoopStartBar(ma.FirstValidValue*3); bar < Bars.Count; bar++)
				{
					if( Bars.IntradayBarNumber( bar ) == 0 )
						firstIntradayBar = bar;
						
					if( Bars.IntradayBarNumber( bar ) <= num ) // highlight the first hour
						SetBarColor( bar, Color.Silver );
					
					if( Bars.IntradayBarNumber( bar ) == num ) // get the highest high and the lowest low after first hour
					{
						High60 = Highest.Series( Bars.High, num+1 )[bar];
						Low60 = Lowest.Series( Bars.Low, num+1 )[bar];
						
						if( firstIntradayBar > -1 )
						{
							DrawLine( PricePane, bar, High60, firstIntradayBar, High60, Color.Blue, LineStyle.Dashed, 1 ); 
							DrawLine( PricePane, bar, Low60, firstIntradayBar, Low60, Color.Red, LineStyle.Dashed, 1 ); 
						}
					}
					
					if( IsLastPositionActive )
					{
						Position p = LastPosition;
				
						if( ( GetTime(bar) >= 1600 - n ) )	// exit on the last bar of the day
						{
							ExitAtMarket( bar+1, p, "16:00" );
						}

if ( p.PositionType == PositionType.Long )
						{								
							//double ProfitTgt = p.EntryPrice + 500d;
							//double StopPrice = p.EntryPrice - 300d;
							double ProfitTgt = p.EntryPrice * (1 + target / 100.0d);
							double StopPrice = p.EntryPrice * (1 - stop / 100.0d);							
							
							if(!SellAtStop(bar + 1, p, StopPrice, "Stop Loss"))
								SellAtLimit(bar + 1, p, ProfitTgt, "Profit Target");
						}
						else
						{
							//double ProfitTgt = p.EntryPrice - 500d;
							//double StopPrice = p.EntryPrice + 300d;
							double ProfitTgt = p.EntryPrice * (1 - target / 100.0d);
							double StopPrice = p.EntryPrice * (1 + stop / 100.0d);

if(!CoverAtStop(bar + 1, p, StopPrice, "Stop Loss"))
								CoverAtLimit(bar + 1, p, ProfitTgt, "Profit Target");
						}
					}
					else
					{
						if ( Bars.IntradayBarNumber( bar ) > num && !Bars.IsLastBarOfDay( bar ) )
						{
							if( ma[bar] > ma[bar - 1] ) // advancing EMA
								BuyAtStop( bar+1, High60 + Bars.SymbolInfo.Tick );
							else						
								if( ma[bar] < ma[bar - 1] ) // declining EMA
								ShortAtStop( bar+1, Low60 - Bars.SymbolInfo.Tick );
						}					
					}
				}
			}
			else
			{
				DrawLabel( PricePane, "Works on intraday data only!", Color.Red );
			}
		}

}
}[/code]

I've tried to run this on every intraday timeframe with alpha data (api enabled) with the same results. " Object Reference not set to an instance of an object"