NT7 - ExitOnClose, Friday Only

[SamIam]

I am attempting to build a NT7 strategy which would stay active all week, Sunday thru Friday and Exit on close on Friday only. I have tested the following script on SIM account. It seems to keep the position open thru the week but DOES NOT close it on Friday as required. Any help would be much appreciated. Thanks!!


protected override void Initialize()
{
ExitOnClose = true;
ExitOnCloseSeconds = 30;
}

protected override void OnBarUpdate()
{
if (Time[0].DayOfWeek == DayOfWeek.Friday)
ExitOnClose = true;
else
ExitOnClose = false;
}

[NinjaTrader_ChelseaB]

Hello SamIam,

The help guide specifically states ExitOnClose must be set in Initialize().
https://ninjatrader.com/support/help...xitonclose.htm

I'm not certain if changing this in OnBarUpdate will lead to unexpected results.

I propose two alternatives.

Either use a week long session in a session template that spans from sunday to friday.
https://ninjatrader.com/support/help...on_manager.htm

Or just code the exit in the script.
if (Time[0].DayOfWeek == DayOfWeek.Friday && ToTime(Time[0]) >= 45930) && Position.MarketPosition == MarketPosition.Long)
ExitLong();

[SamIam]

Thank you ChelseaB! I will test coding the exit in script recommendation.