limit one trade per candle

• 03/08/2021 at 2:09 AM #163399
  kevin12345

  how do i limit one trade per candle because i have a trade that was open in a lower timeframe and it close for exit reasons. after exit, it opens another position within the same candle on the higher time frame.

   

  thank you

  

  kevin12345

  Participant

  Topics: 26

  Replies: 46

  Been thanked: 3 times
  03/08/2021 at 3:42 AM #163403
  robertogozzi

  There you go:

  Timeframe(1h,UpdateOnClose) Bar1H = barindex // Timeframe(default) Once TradeON = 1 MyBar = Bar1H If MyBar <> MyBar[1] Then TradeON = 1 Endif If MyLongConditions and TradeON Then Buy 1 contract at Market TradeON = 0 Endif

  1 2 3 4 5 6 7 8 9 10 11 12 13

  Timeframe(1h,UpdateOnClose) Bar1H = barindex // Timeframe(default) Once TradeON = 1 MyBar = Bar1H If MyBar <> MyBar[1] Then    TradeON = 1 Endif If MyLongConditions and TradeON Then    Buy 1 contract at Market    TradeON = 0 Endif

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 18045

  Been thanked: 4611 times
  03/08/2021 at 7:50 AM #163406
  kevin12345

  should the tradeon in line 10 be equal to something ?

  

  kevin12345

  Participant

  Topics: 26

  Replies: 46

  Been thanked: 3 times
  03/08/2021 at 8:54 AM #163413
  Nicolas

  It’s a boolean which will be equal to 1 (true) when the barindex from the 1 hour timeframe is different from the previous one on the inferior timeframe.

  

  Nicolas

  Keymaster

  Topics: 83

  Replies: 20906

  Been thanked: 4871 times
• Author
  Posts