Good suggestion, Mike.

I tried implementing that idea as follows:

ForceCloseTradesAfter = 151300;
NextBarOutsideRTH = (Ref(TimeNum(),1) > ForceCloseTradesAfter);
NextBarNotToday = (Ref(DateNum(),1) > DateNum());
Sell = SellCondition OR NextBarOutsideRTH OR NextBarNotToday;

However, there are still trades in backtesting that doesn't close on
the same day. What am I missing? Do you think the trade delays of 1
bar that I have in place is causing exceptions? If so, how do I
programmatically override them for the above conditions
(NextBarOutsideRTH/NextBarNotToday)? 


--- In [email protected], "Mike" <[EMAIL PROTECTED]> wrote:
>
> What about using a look ahead and comparing the date of the next bar 
> with the date of the current bar. When not the same, then you know the 
> current bar is the last bar of the day and you can generate a Sell 
> signal.
> 
> Mike
> 
> --- In [email protected], "aghari" <aghari@> wrote:
> >
> > Listing every single day when the market as closed early is not
> > possible in a backtest (10 years data and I don't have access to 
> it). 
> > 
> > A bit more background on what I'm trying to do -  I'm running
> > backtests (day session only) on 1-minute ES futures and I've a 
> number
> > of trades that happen to hang around until the next session open
> > (mostly gapping up/down) before closing causing spikes in 
> profits/losses.
> > 
> > Is there a way to find the last quote before a certain time of the 
> day
> > using AFL and set that as the sell/cover price for any open 
> positions?
> > 
> > 
> > --- In [email protected], "Barry Scarborough" <razzbarry@>
> > wrote:
> > >
> > > The code is fine but you will either have to close the trade 
> manually 
> > > on those days or if you can get a list of those days and the 
> closing 
> > > times add that to your OR statement.
> > > 
> > > Barry
> > > 
> > > --- In [email protected], "aghari" <aghari@> wrote:
> > > >
> > > > I'm backtesting an intraday daytrading system and having trouble
> > > > coding up sell/cover conditions that should close any open 
> positions
> > > > by the end of the day.
> > > > 
> > > > I tried the following:
> > > > 
> > > > ForceCloseTradesAfter = 151300;
> > > > Sell = SellCondition OR (TimeNum() > ForceCloseTradesAfter);
> > > > 
> > > > With the above I encounter days when the market closes early 
> (early
> > > > closure for holidays etc.) and above AFL shall fail.
> > > > 
> > > > Is there a better way to handle closing of open positions?
> > > >
> > >
> >
>


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