Pinescript Strategy - How do I open a trade on specific day of the month

Hi

I'm building a backtest strategy part of which is opening a trade on a specific day of the month. For example if the day is the 15th open a trade. I'll then keep it open until a certain set of criteria are met.

Any ideas on how I do this?

Thanks

TJ

Hi TJ

The answers you're looking for are all logged here
https://www.tradingview.com/pine-script-reference/v4/#fun_dayofweek

today = dayofweek(time)

// test if that's the 15th of the month
if today == 15

   // open trade on open condition
   // close trade on close condition

Thanks works well! The only problem is if the 15th is not a trading day it doesn't execute :-(

Hello

Then you have to update the logic to figure out if you want to take the trade on a Monday, if the 15 happens to be on a Saturday or on a Sunday

Documentation is here: https://www.tradingview.com/pine-script-reference/v4/#var_dayofweek{dot}saturday

Hi what I'm trying to do is the following:

1) On a specific day of the month (any) go long with 1/3 of the capital
2) If there's no stop buy another third as per #1 a month later
3) As #2 if there is no stop buy the final third in month 3
4) Hold the position until the stop is hit
5) Once the stop is hit add one month and then go back to #1
Stop) The stop needs to be updated each month at the same time, i.e. a monthly shifting trailing stop.

Can this be done in tradingview pinescript?

Thanks

can you please share how can a order be given at a specific time?

https://www.pinecoders.com/faq_and_code/#how-can-i-detect-a-specific-datetime