Hi, need some help to get my head around DayofWeek() function.
Using the following code I get buys on Wednesdays and not Mondays? Can
someone see what I am doing wrong?
TIA....Keith
Filter = 1; /* for scanning purposes */
SetBarsRequired(100000,100000); /* Load 100,000 bars */
SetTradeDelays(1,1,0,0); /* I will get buy/sell
signals after EOD and trade on the OPEN */
Total_Equity = 200000; /*Param("Total Equity",
300000, 100000, 300000, 25000) */
SetOption("InitialEquity", Total_Equity);
Max_Pos = Param("Max Positions", 100, 10, 200, 1);
SetOption("Maxopenpositions", Max_Pos);
SetChartOptions(1,chartShowDates, chartShowArrows);
/* RISK MANAGEMENT & POSITION SIZING*/
Equity_per_Trade = 0.1; /* Maximum of 10% of Equity invested in any trade */
Equity_at_Risk = 0.01; /* Maximum of 1.00% of current equity risked
in any trade */
Risk_using_ATR = Param("Risk using ATR", 3, 1, 4, 0.05);
Max_Equity_per_Trade = Equity_per_Trade * Total_Equity;
Max_Risk_per_Trade = Equity_at_Risk * Total_Equity;
PositionSize_using_ATR = Max_Risk_per_Trade / Nz(Risk_using_ATR * ATR(14));
PositionSize = IIf(PositionSize_using_ATR >= Max_Equity_per_Trade,
Max_Equity_per_Trade, PositionSize_using_ATR);
// Buy CONDITIONS //
Buy = C > Ref(C,-30) AND C < Ref(C,-9) AND DayOfWeek() == 2;
BuyPrice = O;
// MONEY MANAGEMENT //
Sell = 0;
SellPrice = C;
// STOPS //
Equity(1);
/*
1 - regular exit
2 - Max. loss
3 - profit target
4 - trailing
5 - n-bar stop
6 - ruin stop
*/
ApplyStop(stopTypeNBar, stopModeBars, 1 , exitatstop = 0, volatile
= False);
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