Trade opened independent of candle

• 04/14/2016 at 9:05 AM #5360
  deletedaccount14122020

  My trading system is based upon a 4 hour chart which means that trades are only placed every 4 hours when the conditions of the program are met at the close of the candle. Does anyone know of a way where trades are opened at any time when the conditions are met independently of the close of the 4 hour candle but still using the 4 hour chart.

   

   

  

  deletedaccount14122020

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  04/14/2016 at 10:31 AM #5368
  Nicolas

  I don’t know what are your trading conditions actually and if they are made by indicators. Because each conditions are tested once per bar open, you can try to trade your strategy in inferior timeframe if you don’t need higher timeframe conditionals setup made by indicators ..

  For your interest i’m currently investigating in a way to achieve this : trade in 1 minute bars with higher timeframe indicators conditions. As soon as I get something good about it, I’ll post it on forum of course.

  

  Nicolas

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  04/14/2016 at 3:02 PM #5386
  deletedaccount14122020

  Nicolas,

  Thank you for your response. Trading in bars that have higher timeframe indicators is indeed what I’m talking about. I await the results of your investigations with interest.

  

  deletedaccount14122020

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  04/14/2016 at 7:48 PM #5404
  Adolfo

  Me too! I want to see something like that working on my system 🙂

   

  Good luck Nicolas!

  

  Adolfo

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  04/06/2017 at 10:36 AM #31232
  deletedaccount14122020

  Hello Nicolas,

  Did you ever make any progress with this:

  “For your interest i’m currently investigating in a way to achieve this : trade in 1 minute bars with higher timeframe indicators conditions. As soon as I get something good about it, I’ll post it on forum of course”

  Many thanks

   

  

  deletedaccount14122020

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  04/06/2017 at 4:49 PM #31279
  Nicolas

  Unfortunately, nothing enough solid to be shared here! Anyway, multitimeframe support will be soon available in ProBacktest and ProOrder, please be patient 🙂

  

  Nicolas

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  09/10/2017 at 12:51 PM #45885
  deletedaccount14122020

  Hi Nicolas,

  Is there any news on the availability of multi-time-frame support in ProRealTime

  Many thanks

   

  

  deletedaccount14122020

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  09/11/2017 at 4:39 AM #45909
  Huw

  Hi traderanger, I have a system running in the five minute timeframe that uses a seven day low to buy and sells at a 25% retracement to previous seven day high. You may be able to change the settings on the indicator that you use to mimick the response from a four hour chart. On a five minute chart 2016 periods is seven days look back period so highest[2016](dhigh(1)) returns the highest daily high of the last seven days.

  

  Huw

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  09/13/2017 at 8:28 AM #46084
  deletedaccount14122020

  Hi Huw,

  Thanks for your reply which is very interesting. I’m going to look into the system you have described and see what I can come up with.

  

  deletedaccount14122020

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