Mlutiple UT – Does not take the large one

• 10/02/2023 at 3:43 PM #221951
  Inertia

  Hello All,

   

  Hope you are doing well.

  The time frame UT 1 hour doesn’t work. Did I make a mistake ?

  timeframe(1 hour)
  c1 = close < open

  //
  timeframe(default) // 5min

   

  Big thanks as usual 😉

  

  Inertia

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  10/02/2023 at 3:56 PM #221955
  robertogozzi

  It works like a charm for me.

  Bear in mind that you are NOT using UPDATEONCLOSE, so the hourly bar may change more than once within the 12 5-minute bars.

  Try using:

  timeframe(1 hour,UpdateOnClose)

  1	timeframe(1 hour,UpdateOnClose)

  

  robertogozzi

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  10/02/2023 at 9:12 PM #221964
  Inertia

  Big thanks Roberto !

  According to this screen shot, despite this long hourly green candle @ 2158 (2 minutes to close) the strategy still takes short position.

  Instead of Updateonclose (I know ;)) I would rather have an ongoing candle close < open … Yes I’ll take to risk to have the hourly candle reversing 10 minutes before the close

  https://pasteboard.co/kQZj0uHlbWPt.png

  What do you think ? At your best convenience Roberto.

  Thank you.

   

  

  Inertia

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  10/03/2023 at 10:00 AM #221982
  robertogozzi

  You are not using condition c1, why did you add it to your code?

  Anyway, as to the trade entered yesterday at 20:05 (on the 5-miute TF, while on the 1-hour TF there was no trade at all):

  • condition c1   was TRUE   (not used)
  • condition c11 was TRUE
  • condition c12 was TRUE

  why shouldn’t had it entered the trade?

   

  

  robertogozzi

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  10/03/2023 at 12:43 PM #221988
  Inertia

  Stupid me Roberto (C1 is not in the code) …. ALL GOOD WITH BIG THANKS

  1 user thanked author for this post.

  robertogozzi

  

  Inertia

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