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How to make the damn thing trade only once per hour?

PhilA · 2020-08-03T07:14:04+00:00

Good morning, I want the strategy to run in 1 second time frame because I want it to trigger orders as soon as x crosses y. However, if x is going back and forth across y every few minutes, I don’t want it to keep trading in and out. So for that reason I want the strategy to only trade once per hour. How? Thanks, Phil

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ProOrder: Automated Strategies & Backtesting
How to make the damn thing trade only once per hour?

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08/03/2020 at 8:14 AM #140696 quote

PhilA
Participant

New

Good morning,

I want the strategy to run in 1 second time frame because I want it to trigger orders as soon as x crosses y.

However, if x is going back and forth across y every few minutes, I don’t want it to keep trading in and out.

So for that reason I want the strategy to only trade once per hour.

How?

Thanks, Phil

08/03/2020 at 8:28 AM #140700 quote
Nicolas
Keymaster

Legend
With a condition based on elapsed BARINDEX since the last order for instance:
```
if x crosses over y and barindex-lastbar >= 3600 then 
 buy at market 
 lastbar = barindex
endif
```
In this example you allow to enter the market only if 3600 bars (3600 seconds = 1 hour) have passed since the last order.

Gubben thanked this post
08/03/2020 at 8:35 AM #140702 quote

PhilA
Participant

New

Thank you Nicolas you marvellous Frenchman.
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How to make the damn thing trade only once per hour?

ProOrder: Automated Strategies & Backtesting

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PhilA @phila Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by PhilA
6 years, 2 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	08/03/2020
Status:	Active
Attachments:	No files

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How to make the damn thing trade only once per hour?

Stuck on this ProBuilder code?

How to make the damn thing trade only once per hour? ProOrder: Automated Strategies & Backtesting

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How to make the damn thing trade only once per hour?

ProOrder: Automated Strategies & Backtesting