limit one trade per candle

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

    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

    03/08/2021 at 3:42 AM #163403 quote
    robertogozzi
    Moderator
    Master

    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
    03/08/2021 at 7:50 AM #163406 quote
    kevin12345
    Participant
    Average

    should the tradeon in line 10 be equal to something ?

    03/08/2021 at 8:54 AM #163413 quote
    Nicolas
    Keymaster
    Master

    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.

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limit one trade per candle


ProOrder: Automated Strategies & Backtesting

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kevin12345 @kevin12345 Participant
Summary

This topic contains 3 replies,
has 3 voices, and was last updated by Nicolas
4 years, 11 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 03/08/2021
Status: Active
Attachments: No files
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