I’ve coded a section preventing my system from opening a new position in the same direction as the old position just after a close of the old position. (I use a time exit so the entry signal can still be valid at close). It works on the backtest but I just wanted to double check if this is correct or if there is another way to do the same thing?

if barindex > (longbarexit + stayawaytimeL) then
longstayaway = 0
endif

if barindex > (shortbarexit + stayawaytimeS) then
shortstayaway = 0
endif


//////////////////////////////////////////////////////////////////
//// Conditions to exit long positions
//////////////////////////////////////////////////////////////////

le1 = barindex = tradeindex + Ltradetime

if longonmarket and le1 then
sell at market
longbarexit = barindex
longstayaway = 1
endif

//////////////////////////////////////////////////////////////////
//// Conditions to exit lshort positions
//////////////////////////////////////////////////////////////////

se1 = barindex = tradeindex + Stradetime

if shortonmarket and se1 then
exitshort at market
shortbarexit = barindex
shortstayaway = 1
endif