• Registered: 2011-10-27
  • Posts: 4

Topic: How to buy a number of lots at current price at a fixed time each day?

Hi,

A newb here.

I can't see how to get SB to do this seemingly straightforward task without fiddling with last bar closing price & entry etc.

I just want to buy a fixed no of lots at current price at certain time each day smile

Can anybody help please.

  • Registered: 2011-10-27
  • Posts: 4

Re: How to buy a number of lots at current price at a fixed time each day?

Anybody ??

  • footon
  • footon
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  • Registered: 2009-08-17
  • Posts: 2,969

Re: How to buy a number of lots at current price at a fixed time each day?

direction as long all the time?

if so, then set it up like this:
[Opening Point of the Position]
Bar Opening
     Enter the market at the beginning of the bar
     Base price  -  Open

[Opening Logic Condition]
Entry Time
     [All]   Enter the market between the specified hours
     From hour (incl.)  -  1
     From min (incl.)  -  0
     Until hour (excl.)  -  2
     Until min( excl.)  -  0

[Opening Logic Condition]
Moving Average
     [ A ]   The Moving Average rises
     Smoothing method  -  Simple
     Base price  -  Close
     Period  -  1
     Shift  -  0
     Use previous bar value  -  Yes

[Opening Logic Condition]
Long or Short
     [All]   Open long positions only

[Opening Logic Condition]
Moving Average
     [ B ]   The Moving Average falls
     Smoothing method  -  Simple
     Base price  -  Close
     Period  -  1
     Shift  -  0
     Use previous bar value  -  Yes

4 Reply by max2tall (edited by max2tall 2011-11-01 05:24:44)

  • Registered: 2011-10-27
  • Posts: 4

Re: How to buy a number of lots at current price at a fixed time each day?

Thanks footon, is kinda like I'm doing - but the tip of using a moving average with period of 1 is a big help, thankyou smile

Uhoh - now that I've tried it, it isn't working... I should see 5 trades per week or 20 per month - it's not doing that. The moving average signal needs to be an 'or' [not 'and'] case to trick the system.

  • footon
  • footon
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  • Registered: 2009-08-17
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Re: How to buy a number of lots at current price at a fixed time each day?

max2tall wrote:

Thanks footon, is kinda like I'm doing - but the tip of using a moving average with period of 1 is a big help, thankyou smile

Uhoh - now that I've tried it, it isn't working... I should see 5 trades per week or 20 per month - it's not doing that. The moving average signal needs to be an 'or' [not 'and'] case to trick the system.

You're joking, right?

http://s9.postimage.org/m8drmlqvv/18trades.jpg

This is on 1 month of data, long position once a day, TF 5M.  cool

  • Registered: 2011-10-27
  • Posts: 4

Re: How to buy a number of lots at current price at a fixed time each day?

I checked & rechecked but will check I've entered correctly again.
I'm charting 5minute xauusd if that affects anything (shouldn't)