Mlutiple UT – Does not take the large one

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

    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 😉

    V8-SHORT-DOW-0.5E.itf
    10/02/2023 at 3:56 PM #221955 quote
    robertogozzi
    Moderator
    Master

    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)
    10/02/2023 at 9:12 PM #221964 quote
    Inertia
    Participant
    Master

    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.

    V8-SHORT-DOW-0.5E-1.itf
    10/03/2023 at 10:00 AM #221982 quote
    robertogozzi
    Moderator
    Master

    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?

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

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

    robertogozzi thanked this post
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Mlutiple UT – Does not take the large one


ProOrder: Automated Strategies & Backtesting

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Inertia @inertia Participant
Summary

This topic contains 4 replies,
has 2 voices, and was last updated by Inertia
2 years, 4 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 10/02/2023
Status: Active
Attachments: 2 files
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