Forex Software — Day of Week Exit

Re: Day of Week Exit

null@example.com (Alex97) — Tue, 23 Jun 2020 20:31:21 +0000

Hi,

Is there MQL code available for the "Day of Week Exit" indicator?

I have created some promising strategies incorporating the "Day of Week Exit" indicator but realise that I can't export the EA to the Metatrader platform because there is no MQL code, unless I am missing something?

Many Thanks,
Alex

Re: Day of Week Exit

null@example.com (Popov) — Sun, 01 Sep 2013 11:50:30 +0000

Indicator is available in Repository : http://forexsb.com/repository/repositor … -week-exit

Please report any issues.

Re: Day of Week Exit

null@example.com (SpiderMan) — Wed, 28 Aug 2013 12:14:25 +0000

Is it possible to get this indicator rewritten for FST vers 3.2 and placed in the repository?
Thanks

Re: Day of Week Exit

null@example.com (krog) — Sat, 28 Jan 2012 18:48:23 +0000

Hi SpiderMan,
I know what you mean, I hate weekend positions too, I stop trading Thursday to avoid it.
Glad to hear you found something that worked. To answer question, I have not tested this so only a guess, but I think since it uses Bar Closing, it will send the order just before the end of the bar. I think it will wait just until the next bar is due.

For your case, it might work better to set to Friday 23:05 to 24:00 -- then would send at end of 2 bars, which would be just before 23:30 and then just before 24:00.

I'd recommend giving it a wide margin of 3-4 bars, because there is always the possibility something goes down like the connection or one's computer sometime around the 10 seconds when Bar Closing orders are sent. I suppose the best would be a time closer that says "after the start time, send exit orders every 5 seconds until position is closed". I'd have to ask Mr Popov how to do that though.

Re: Day of Week Exit

null@example.com (SpiderMan) — Sat, 28 Jan 2012 08:23:58 +0000

Krog

Don't worry, I have found the solution. In FST I changed "Day Closing" to "Day Closing 2" and brought the time forward on a Friday.

Re: Day of Week Exit

null@example.com (SpiderMan) — Sat, 28 Jan 2012 03:28:10 +0000

Krog

I used this indicator in a strategy I built but I am now not sure it is doing the correct thing. Day of Week Exit has a range for closing the trade so I set it for Friday from 23:30 to 24:00. I ran it live and the close order was sent at 23:59:49 which was then rejected by the broker as the market had closed. I now have an open position over the weekend which is something I hate. I am using 30 min bars. If I set the close time to Friday from 23:30 to 23:58 can you tell me when will the close order be sent? Or will it still wait until just before the next bar is due?

Thanks

Re: Day of Week Exit

null@example.com (Blaiserboy) — Mon, 04 Apr 2011 08:19:40 +0000

Excellent of you to prepare a unique indicator and post

Thanks so much.!

Day of Week Exit

null@example.com (krog) — Mon, 04 Apr 2011 02:05:28 +0000

Original Request -- indicator to specify closing day, to be more flexible than Week Closing (last day only)

Feature: can specify day-time range for exiting positions

Notes: use filters so you don't enter a position during the exit time. Or else, equity curve goes down quickly because it will open and close positions on each bar.

Please verify it works for you on a demo account before using on real account. If any bugs or unexpected behavior, please advise.

EDIT:

Indicator is available in Repository : http://forexsb.com/repository/repositor … -week-exit