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limit one trade per candle

kevin12345 · 2021-03-08T01:09:09+00:00

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

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ProOrder: Automated Strategies & Backtesting
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

Legend
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

Legend

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

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This topic contains 3 replies,
has 3 voices, and was last updated by Nicolas
5 years, 6 months ago.

Topic Details

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

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limit one trade per candle

Stuck on this ProBuilder code?

limit one trade per candle ProOrder: Automated Strategies & Backtesting

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limit one trade per candle

ProOrder: Automated Strategies & Backtesting