Multi Timeframe problem

pdrh · 2021-09-27T11:32:09+00:00

DEFPARAM FLATAFTER = 160000 // Prevents the system from creating new orders to enter the market or increase position size before the specified time noEntryBeforeTime = 100200 timeEnterBefore = time >= noEntryBeforeTime // Prevents the system from placing new orders to enter the market or increase position size after the specified time noEntryAfterTime = 160000 timeEnterAfter = time c3 AND close>open c5=close <supertrend[3,6] IF c2 AND c4 And c5 AND Tradecount<1 AND timeEnterBefore AND timeEnterAfter THEN SELLSHORT 3 CONTRACT AT MARKET Tradecount=Tradecount+1 ENDIF // Stops and targets SET STOP pTrailing 16 SET TARGET pPROFIT 3.4 A trade is being triggered when the condition in the 30 minute timeframe is not met and I can’t see why .The default timefame is 20 seconds. Any help greatly appreciated. [attachment file=”Sell SAR.itf”]

Viewing 8 posts - 1 through 8 (of 8 total)

Author

Posts
09/27/2021 at 12:32 PM #178557 quote
pdrh
Participant

Average
```
DEFPARAM FLATAFTER = 160000

// Prevents the system from creating new orders to enter the market or increase position size before the specified time
noEntryBeforeTime = 100200
timeEnterBefore = time >= noEntryBeforeTime

// Prevents the system from placing new orders to enter the market or increase position size after the specified time
noEntryAfterTime = 160000
timeEnterAfter = time < noEntryAfterTime

ONCE Start=100000
If Time =start then
Tradecount=0
Endif
Timeframe (30minutes,updateonclose)
c1= (close[1]-open[1] )
c2=c1<0
Timeframe (default)
c3=SAR[0.02,0.02,0.2]
c4=close>c3 AND close>open
c5=close <supertrend[3,6]
IF c2  AND c4 And c5 AND Tradecount<1 AND timeEnterBefore AND timeEnterAfter THEN
SELLSHORT 3 CONTRACT AT MARKET
Tradecount=Tradecount+1
ENDIF

// Stops and targets
SET STOP pTrailing 16
SET TARGET pPROFIT 3.4
```
A trade is being triggered when the condition in the 30 minute timeframe is not met and I can’t see why .The default timefame is 20 seconds.

Any help greatly appreciated.

[attachment file=”Sell SAR.itf”]
09/27/2021 at 1:30 PM #178566 quote

robertogozzi
Moderator

Legend

On Which instrument did you test it?

pdrh thanked this post

09/27/2021 at 5:24 PM #178586 quote
robertogozzi
Moderator

Legend
It works fine for me.
I suggest that you append these lines at the end of your code:
```
graph c2
graph c1
```
so that you can monitor their value when the trade enters (actually the candle BEFORE the arrow plotted by ProBackTest).

pdrh thanked this post

x-18.jpg
09/27/2021 at 10:41 PM #178611 quote

pdrh
Participant

Average

I am running this on the ASX200 . Doesnt seem to work as well on other indices

09/28/2021 at 1:25 AM #178614 quote

pdrh
Participant

Average

[attachment file=”178615″]
The problem is that the 30 minute calculation is being done on 2 bars before the current bar .

The entry on 27th Sept is at 10:49 but the C1 value is the the value for the 9:30 bar on the 30 minute chart.

I need some help to insert a screen print into my reply

Sell-SAR.xlsx

09/28/2021 at 2:11 AM #178617 quote

pdrh
Participant

Average

.

SELL-SAR.jpg

09/28/2021 at 7:26 AM #178620 quote

robertogozzi
Moderator

Legend

Do not insert pics in your posts, only attach them using the appropriate button.

Thsnks 🙂

09/28/2021 at 7:33 AM #178621 quote

robertogozzi
Moderator

Legend

It’s important, back to your question, that conditions are met on the 30-minute TF when the trade is entered.

There are 90 20-second bars in 30 minutes, so more trades can be opened before the next 30-minute bar opens.

C2 is met for 30 minutes.

pdrh thanked this post
Author

Posts