Close position before earnings reports

[ajcpereira]

Hi,

I'm new in this forum so I hope I won't ask something too basic or that was already answered in the past.
I want to backtest a system that has multiple exits. One exit is activated market on close on the day before the earnings report to avoid gaps against the trend. Does anyone know how to code it and what source of information can be used to it?

Thanks,

ACP

[NinjaTrader_Joydeep]

Hello ACP,
Welcome to the forum and I am happy to assist you.

You can limit the timing of your trades using a time filter. Please refer to this sample code which demonstrates it

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

Please let me know if I can assist you any further.

[ajcpereira]

Hello Joydeep,

Thanks for your quick answer. I'm not looking for a predefined time exit but for an exit that depends on the day of the earnings report (ER) date. Trying to clarify my idea: If I buy ABC stock and while on the trade the company will present their ER I want the position to be closed on the previous day. I want to include this exit on a code for backtest. At the moment, manually I see this information on yahoo http://biz.yahoo.com/research/earncal/20110112.html but I suppose I can't get this data on NT.
Hope you can help me.

ACP

[NinjaTrader_Joydeep]

Hello ACP,
The sample code is just a reference point/code and not the actual code.

You have to hardcode the date(s) and further custom code it.

in variable

DateTime agmDate = new DateTime(2012, 5, 30, 15, 30, 0);

in OnBarUpdate

if (Time[0] > agmDate)
{
    //exit postions
}

Please let me know if I can assist you any further.