How to ignore first trading signal for the day
Author: sofia
Creation Date: 12/10/2013 4:36 PM
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sofia

#1

12/10/2013 4:36 PM

Hello,

For daytrading , how to implement a code to ignore first trading signal of the day.
I close all positions at the end of the day. But want to ignore the first trading signal, next day.
I can do it manually, i.e ignore the first trade signal, but for backtesting and auto-trading purposes, I was wondering if it is possible to code this.

Thanks,

Sofia
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Cone

#2

12/10/2013 6:09 PM

One way would be to initialize a counter to 0 on the first bar of the day, increment the counter when signals occur, and test that it is greater than 1 before taking action, exampleÑ

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sofia

#3

12/10/2013 6:54 PM

Thanks.

Sofia

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