Signal on 1h, trade on 5 min

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  • #122502 Report

    I want to get a signal on the 1 hour timeframe using the timeframe(1 hour) then I would like to take the trade on the 5 min timeframe(5 minute). I notice I can get the signal many times from the hourly time frame so I would only like to take 1 trade / hour. Also I either get stopped out or take profit especially if stopped out would not like to try again this hour. How can I code this? any tips

     

    #122507 Report

    In the 1h TF add:

    Then add this to your 5min TF:

     

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    #122508 Report

    I edited the above code.

    Also add

    to your entry conditions.

    1 user thanked author for this post.
    #122511 Report

    Thanks man!

    #122583 Report

    Hey Roberto, I have a  new challenge for you. I wanna try to trade 2 times per hour just to se how I fair with a few more trades. The reason could be I could use a tigheter stop to take the first wave down and the get out on the pullback and then back in. Ofc I could also use a larger stop but I still like to minimize any damage when Im going the wrong way. Do you know how?

    #122598 Report

    You need to add a variable to count trades.

     

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