I'm working on a TS EL Strategy the uses, say, 5-, 10-, or 15-minute bars, or any intra-day length for that matter, but I don't want to allow any trades to take place until at least x number of bars after the Open have completed. I would like to backtest and have each day exclude those first x bars.

For example:

if "current_intra_day_bar" > x then begin;

Thanks for any help you can provide.

Steve

Would something like this work for you?

 

Code

Variables: current_intra_day_bar(0); if (current_intra_day_bar > 3) then begin // Submit the trades here end; // Reset the variable on the first bar of the day if (Date <> Date[1]) then current_intra_day_bar = 0; // Increment our counter variable on the close // of each bar to count the bars if (BarStatus(1) = 2) then current_intra_day_bar = current_intra_day_bar + 1;

Here we add 1 to the variable on the close of each bar (to count the bars) and reset it at the start of trading every day.

Thanks, that's a really good idea! I appreciate your help. I'll try to find time over the weekend to write your ideas in.

Steve