15 minute ExitLong timer from entry time or entry price.

[mohdhm]

Hello everyone,

I'm trying to write an if statement that exists a long under a set of conditions: a 15 minute timer that starts from entry price. No luck using the strategy builder and i've tried to understand how to code with a time Dataset... taking me a very long time to understand. I figured i might as well ask here since it is probably a single line of code.

Any help is appreciated.

Basically:

if ( EntryPriceTime + EntryPrice[3bars later OR NOW] = 15 minutes)
Then ExitLong()

[NinjaTrader_ChrisL]

Hello mohdhm,

Thanks for the note.

The most straightforward way of doing this would be to create a new DateTime object at the time of entry. Then have an IF statement that checks if the current DateTime.Now.Second is > 15 seconds from the entry DateTime, with the hour, minute, etc equal to each other.

https://msdn.microsoft.com/en-us/library/system.datetime(v=vs.110).aspx

Alternatively, you can look at the BarTimer indicator that uses a dispatcher to time a bar.

.NET also has a StopWatch class, you would need to use a dispatcher for this as well.

https://msdn.microsoft.com/en-us/library/system.diagnostics.stopwatch(v=vs.110).aspx

Please let me know if I may be of any further assistance.

[mohdhm]

Thanks Chris.

Not sure about this, but why did you add a 15 second offset? Here is the code:

			///Short Entry - Overbought RSI
			if ((RSI1.Default[0] >= OverboughtRSI)
				 && (CrossBelow(RSI1.Default, RSI1.Avg, 1))
				 && (MACD1.Diff[1] >= MACD1.Diff[0]))
			{
				EnterShort(1);
				DateTime.Now = EntryTime;
				
			    //DateTime.Now.Ticks = EntryTime;
				//ExpiryTime = EntryTime 
			}
								
			if (DateTime.Now.Second > EntryTime + DateTime(0, 0, 15))
			{
				ExitShort(1);
			}

Now my only problem is that "EntryTime" is giving me a "did not exist in this current context. How do you define a 'new' variable in c#. I tried putting it in private but that led to a host of other errors.

Help appreciated as always

Hello mohdhm,

Thanks for the note.

The most straightforward way of doing this would be to create a new DateTime object at the time of entry. Then have an IF statement that checks if the current DateTime.Now.Second is > 15 seconds from the entry DateTime, with the hour, minute, etc equal to each other.

https://msdn.microsoft.com/en-us/library/system.datetime(v=vs.110).aspx

Alternatively, you can look at the BarTimer indicator that uses a dispatcher to time a bar.

.NET also has a StopWatch class, you would need to use a dispatcher for this as well.

https://msdn.microsoft.com/en-us/library/system.diagnostics.stopwatch(v=vs.110).aspx

Please let me know if I may be of any further assistance.

[NinjaTrader_ChrisL]

Hello mohdhm,

Thanks for the reply.

This script would be a bit too complex for the Strategy Builder. You would have to code this by hand. I have provided an example that simply enters long, marks the time, then exits 15 seconds later.

Please let me know if I may be of any further assistance.

[mohdhm]

Thank you Chris,

I have incorporated that code into mine and it works.