H All,

New to the community and new to programming on TradeStation. Building a simple strategy for practice. Creating an automated strategy to buy SPY on the 14th day of each month and sell on the 16th day (2 days after). I am having trouble building out the match for trading day.

For example if the entry or exit day falls on a non-trading day, how do I execute the last trading day before the non-trading day? My code so far:

//This is entry on the 14th of each month
If dayofmonth(date)=13 then buy ("Entry") next bar open;


//This is exit on the 16th of each month
If dayofmonth(date)=16 then Setexitonclose;

Thank you so much,
Kevin

kwt4,

you will likely need code that is able to detect holidays and weekends first. This would allow you to check at the beginning of every month if the 13th and 14th days are regular trading days and adjust the days accordingly if they are not.

Regards,

ABCTG

kwt4 

H All, New to the community and new to programming on TradeStation. Building a simple strategy for practice. Creating an automated strategy to buy SPY on the 14th day of each month and sell on the 16th day (2 days after). I am having trouble building out the match for trading day. For example if the entry or exit day falls on a non-trading day, how do I execute the last trading day before the non-trading day? My code so far: //This is entry on the 14th of each month If dayofmonth(date)=13 then buy ("Entry") next bar open; //This is exit on the 16th of each month If dayofmonth(date)=16 then Setexitonclose; Thank you so much, Kevin

kwt4 

H All, New to the community and new to programming on TradeStation. Building a simple strategy for practice. Creating an automated strategy to buy SPY on the 14th day of each month and sell on the 16th day (2 days after). I am having trouble building out the match for trading day. For example if the entry or exit day falls on a non-trading day, how do I execute the last trading day before the non-trading day? My code so far: //This is entry on the 14th of each month If dayofmonth(date)=13 then buy ("Entry") next bar open; //This is exit on the 16th of each month If dayofmonth(date)=16 then Setexitonclose; Thank you so much, Kevin

Rather use a > than sign, so if dayofmonth >= 16 then exit next bar.
This will help with one of the issues as you exit on the 1st day after that date.

But as ABCTG pointed out, logically you still need to answer the question, what happens if the 13th falls on a Sat/Sunday or Public holiday