Certain times excluded from trading

NexusFi · 2009-08-07T18:09:47-04:00

ToTime is just a converter to make it easy to test against using a numbers like 080000 for 08:00:00am (hours:minutes:seconds). Time[0] is the time of bar 0. So it works for historical data (backtesting) as it's tested against the bar time, not against the current PC clock time. In other words, in real live trading, Time[0] will be based on the time of the last close of the bar, and it's the same for historical. Mike You can also use DateTime.TimeOfDay: DateTime timeNow = Time[0].TimeOfDay; …

Discussion in NinjaTrader

Updated August 7, 2009

Certain times excluded from trading

August 7th, 2009, 06:09 PM

#11 (permalink)

shodson

OC, California, USA

Quantoholic

Experience: Advanced

Platform: IB/TWS, NinjaTrader, ToS

Broker: IB, ToS, Kinetick

Trading: stocks, options, futures, VIX

Posts: 1,976 since Jun 2009

Thanks Given: 533

Thanks Received: 3,710

All of my strategies have somethig like this

Code

                            
protected void OnBarUpdate()
{
   if (IsTimeToTrade)
   {
      if (PositionIsFlat)
      {
         // Look for entry signals
      }
   }
}

private bool PositionIsFlat { get { return Position.MarketPosition == MarketPosition.Flat; } }

// only trade 6:30 am - 1:00 pm (West Coast)
private bool IsTimeToTrade { get { return ToTime(Time[0]) > 63000 && ToTime(Time[0]) <= 130000; } }