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How to close position on time intervals?
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How to close position on time intervals?
How would I close positions on the next 5 minute interval, So I a position opened at 4:45 it will close at 4:50, if opened at 4:54 it will close at 4:55. Is this possible on Ninjatrader 8? If so can someone please show me the code. Thanks for your time and help!Tags: None
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Hello xNICK,
Thanks for your reply.
A simple way to do this would be an if statement to see that you are in a position (long in this example) and then testing to see if bars close time minute equals a 5 minute interval.
if (Position.MarketPosition == MarketPosition.Long && (Time[0].Minute == 0 || Time[0].Minute == 5 || Time[0].Minute == 10 .... || Time[0].Minute == 55)
{
// exit order here
}
Alternately, you can use the "%" operator which in C# computes the remainder after dividing its first operand by its second operand and code something like:
if (Position.MarketPosition == MarketPosition.Long && (Time[0].Minute % 5 == 0))
{
//exit order here
}
Paul H.NinjaTrader Customer Service
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