commodus wrote: Thu Jul 27, 2023 7:00 am
Has anything been achieved with reference to closing a trade & no new trades being opened even if it all still lines up eg Will only open a trade at the initial first signal generated?.
Hello my friends
i am working on this valuable framework these days and yess its a really pain and force the user to defne worse but mor solid suituations for exit signals..
as i experienced this situation happens when a Entry signal is continuing and Exit signal shows up and then again come back to same directoion of input signals.
I dont know Mr funchi see it Implementable or not, but i suggest two method for solving this unpleasent situation:
1- defining a custom time for exit signal which remains even though the situation of appearing it is changing. (base on the fact that every system depend on its characteristics,have e approximate time range for its positions)
2- if the Entry is showing up yet and in that period exit signal appears,the exit signal remains until the Entry signal dissapears.
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point 1:- each of these ways has its own cons and pros. first one is good when you prefer trade a symbol one time a day, or say every 2 hour checking the situation of that pair, and the secound way is a more solid way for avvoiding multiple trades on a single situations
point 2: for both ways it is nessasry that define a rule for framework which is when Entry and Exit signals are appearing simultaneously just exit and dont start a new positon
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again must say that, i dont know it is practical in coding for this framework or not,these just the easy options which comes to a newbie mind person
It is correct to re-enter the market if you manually exit while the entry signal is displayed.
If the conditions for the entry signal are made stricter, I think the problem can be solved by tightening the conditions of the entry signal.
For example,
Instead of showing an up-arrow only when the price is above the line,
Instead, the up-arrow should be displayed only when the line is crossed.
Why not just add a trigger condition?