CODEWITHSUNDEEP
pine-scriptpine-script-v5
iamnota goodman
iamnota goodman

Reputation: 1

Pine Script V5 issue

In Pine Script V5, how can I know if the current bar is the last bar for that trading day, as I want to exit my entire position before the end of that trading day.

ta.change(time("D")) can know the first bar of the next trading day, but how can I know the last bar of the current trading day?

Upvotes: 0

Views: 77

Answers (2)

Mario
Mario

Reputation: 1042

there are many ways to get what you want.
A few examples...

session.islastbar   // true on last bar of session
time_close("1D")    // Unix time of todays close
ta.barssince(session.isfirstbar) + 1    // closing bar of previous session

the following I would recommend when trying to exit on the last bar...

if time_close == time_close("1D")
    ... (your exit code)

it compares the closing time of the most right bar with the closing time of the day.

when you trying to build a strategy for backtesting,
then keep in mind this will execute your order after the bar has finished,
so you need to prepare for that.

if time_close == time_close("1D") - (timeframe.in_seconds() * 1000)
    ... (your exit code for previous calculated exit)

Upvotes: 0

Starr Lucky
Starr Lucky

Reputation: 1961

From Strategy library https://www.tradingview.com/v/mCOgJC67/

// @function             A wrapper of the `strategy.close()` built-in which closes the position matching the `entryId` on the close of the last bar of the trading session. 
// @param entryId        (series string) A required parameter. The order identifier. It is possible to close an order by referencing its identifier.
// @param comment        (series string) Optional. Additional notes on the order.
// @param alertMessage   (series string) An optional parameter which replaces the {{strategy.order.alert_message}} placeholder when it is used in the "Create Alert" dialog box's "Message" field.
// @returns              (void) Closes `entryId` on the `close` of the last bar of the trading session, instead of the `open` of the next session. 
export closeAtEndOfSession(series string entryId, series string comment = na, series string alertMessage = na) =>
    if session.islastbar and barstate.isconfirmed
        strategy.close(entryId, comment, alert_message = alertMessage, immediately = true)

Upvotes: 0

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