Ignore first and last half hour

[shahab03]

I was wondering if it possible to somehow to tell the strategy while backtesting to not to trade in first and last half of the trading day?

thanks

[NinjaTrader_AdamP]

shahab,

I am happy to assist you.

We have a helpful reference sample on using time filters in our reference sample forum thread. Please find a link below.

http://www.ninjatrader.com/support/forum/showthread.php?t=3226

Please let me know if I may assist further.

[shahab03]

hello Adam,

thanks for responding. can also please shed some light on how to use this filter.

regards,
Shahab

[NinjaTrader_AdamP]

shahab,

Sure. I am happy to help.


Here is a sample of a MA crossover strategy using a time filter on its Long entry portion.

if (CrossAbove(SMA(FastPeriod), SMA(SlowPeriod), 1)
                && ToTime(Time[0]) > ToTime(8, 0, 0)
                && ToTime(Time[0]) < ToTime(15, 0, 0))
            {
				LongPrev = LongOrder;
                LongOrder = EnterLong(DefaultQuantity, "");
            }

In particular :

 ToTime(Time[0]) > ToTime(8, 0, 0) && ToTime(Time[0]) < ToTime(15, 0, 0)]

Ensures that the current time is after 8 AM and before 3 PM as it is only "True" between these two times.

Please let me know if I may assist further.