Trading with Multiple Timeframe

mondster · 2023-03-30T09:53:55+00:00

Hi All, I am new here and exploring this software for auto trading. I have a strategy that I look at 10sec, 1m, 3m, 5m and 15m and while all the signal is align i will execute the trade. this is how I do it using eyeball. while i am exploring this i not entire sure if this can be coded if yes anyone any to give me some help please?

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03/30/2023 at 10:53 AM #212526 quote

mondster
Participant

New

Hi All, I am new here and exploring this software for auto trading. I have a strategy that I look at 10sec, 1m, 3m, 5m and 15m and while all the signal is align i will execute the trade. this is how I do it using eyeball. while i am exploring this i not entire sure if this can be coded if yes anyone any to give me some help please?

03/30/2023 at 10:58 AM #212528 quote
Nicolas
Keymaster

Legend
Please define the conditions and we will be happy to help. Example of a simple strategy that use multiple timeframes:
```
timeframe(1 minute)
a = rsi[14]

timeframe(5 minutes)
b = average[20]

timeframe(10 seconds)
if a crosses over 50 and close>b then 
 buy at market 
endif
```
03/30/2023 at 11:41 AM #212530 quote

mondster
Participant

New

Hi Thanks, sorry i missing out my sample code, I have coded something like this and it was prompting this, Error AI tmeFarnes used n your code should be multiples of the timeframe used on the chart on which your strategy is applied (the base timeframe) For example • If you want to mix 15 minute and 10 minute timeframes n your strategy, you should apply the strategy on a 5min chart (because 15 and 10 are multiples of 5). • If you want to mix 7 minute and 5 minute timeframes in your strategy, you should apply the strategy on a 1 minute chart (because 7 and 5 are multiples of 1). Sample of the code that i understand from the documentation, // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Prevents the system from placing new orders on specified days of the week daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0 timeframe(10 seconds,updateonclose) indicator1 = MACDSignal[12,26,9](close) c1 = (indicator1 > indicator1[1]) indicator2 = CCI[20] c2 = (indicator2 > indicator2[1]) timeframe(1 minutes,updateonclose) indicator3 = MACDSignal[12,26,9](close) c3 = (indicator3 > indicator3[1]) indicator4 = CCI[20] c4 = (indicator4 > indicator4[1]) timeframe(3 minutes,updateonclose) indicator5 = MACDSignal[12,26,9](close) c5 = (indicator5 > indicator5[1]) indicator6 = CCI[20] c6 = (indicator6 > indicator6[1]) timeframe(5 minutes,updateonclose) indicator7 = MACDSignal[12,26,9](close) c7 = (indicator7 > indicator7[1]) indicator8 = CCI[20] c8 = (indicator8 > indicator8[1]) IF (c1 AND c2 AND c3 AND c4 AND c5 AND c6 AND c7 AND c8) AND not daysForbiddenEntry THEN BUY 1 CONTRACT AT MARKET ENDIF // Stops and targets SET STOP pLOSS 20 SET TARGET pPROFIT 50

03/30/2023 at 1:26 PM #212540 quote

JS
Participant

Master

Hi

You can use your code with a time frame of 1, 2, 5 and 10 seconds…

(10 sec is not a multiple of 3, 4, 6, 7, 8, and 9 seconds)

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