Limiting Number of trades in a day in pf of stocks in intraday scenario

AFL Programming
1

I want to implement limiting number of total trades in a day in Portfolio of 500 stocks for intraday scenario. I have gone through links such as http://www.amibroker.com/kb/2015/09/26/limit-number-of-trades-per-day-in-a-backtest/ and https://forum.amibroker.com/t/limit-number-of-new-positions-for-a-single-day/2862/4. Knowledge Base link covers option of limiting for single security only , whereas @Aron example is of limiting number of trades per bar, whereas i am looking to limit number of trades per day.

I have limit on open positions in amibroker, but i also want to limit max trades in a trading day
I guess i have to use CBT , any guidance or approach to take ?

2

Actually figured this out by using variable for new day and resetting count signal every new day to zero in CBT.

SetCustomBacktestProc(""); 

if( Status( "action" ) == actionPortfolio )
{
    bo = GetBacktesterObject();	//  Get backtester object
    bo.PreProcess();	//  Do pre-processing (always required)


    for( i = 0; i < BarCount; i++ )	//  Loop through all bars
    {
        if(newday[i]==1)
        {
			count=0;
			
        }

        for( sig = bo.GetFirstSignal( i ); sig; sig = bo.GetNextSignal( i ) )
        {
            if( sig.IsEntry())
            {
                if( count< 2 )
                    count ++;
                else
                    sig.Price = -1 ; // ignore entry signal
            }
        }

        bo.ProcessTradeSignals( i );	//  Process trades at bar (always required)
    }

    bo.PostProcess();	//  Do post-processing (always required)
}

@mradtke Any inputs ?

3 Likes
3

You are the hero. thanks bro.

4

Worked perfect the 1st try. Thanks