ExitOnClose and Overnight Margin for ES

[freewind]

Hi,

I'm trading ES futures and developing an automated strategies.
1. I'm setting my time to EST(NY time) and wanted to know when is the ExitOnClose triggered?

2. If I don't want to hold the contract for overnight margin till what time(EST) I need to sell it? Is it until the lock time 5:30pm EST?

Thanks in advance!

[NinjaTrader_Bertrand]

freewind, the ExitOnClose time is tied to the applied session template you use when starting up the strategy via the chart or strategies tab - you should contact your broker directly to clarify margin requirements, normally the overnights are used at the end of the US regular trading day (16 EST).

[asteriskstar]

i want to close all position when it is 16:14:15. are the following codes correct ?



if ( ToTime(Time[0]) == 161445)
{
ExitLong("", "");
ExitShort("", "");
return;
}

[NinjaTrader_RyanM1]

Hello asteriskstar,

That is close, although it will only work if there is a bar stamp exactly at 161445. This condition will then never be true for minute charts which always end on the minute.

A couple alternatives here is using a time range for the bar's time stamps or working off your computer clock.

if ( ToTime(Time[0]) >= 161400 && ToTime(Time[0]) <= 161500 )

if ( ToTime(DateTime.Now) == 161445 )