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| How do I reduce the number of trades to 1 per hour? |
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kostakis
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| Post subject: How do I reduce the number of trades to 1 per hour? |
Post rating: 0
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Posted: Thu 08 Jan, 2015, 20:10
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User rating: 1
Joined: Wed 30 Jul, 2014, 14:33
Posts: 95
Location: Lithuania, Vilnius
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Hi,
My Strategy opens positions at the particular time i.e. at 1, 5, 9, 17 and 21 GMT. The problem is as follows: if e.g. a trade is opened at 9 GMT and closed at 9.35 GMT after that the system opened a SECOND trade. If the SECOND trade is opened at 9.38 GMT and closed at 9.45 GMT the system opened a THIRD trade and so on. So, the system could open not 1 but 2, 3 or even more trades per 1 hour.
I need to have just 1 trade opened per 1 hour, e.g. if a trade is opened at 9 GMT and closed at 9.35 GMT I did not need to have the SECOND trade opened till 17 GMT. In the other words I need to have the 1st trade opened at 1 GMT, the 2nd trade opened at 5 GMT, the 3rd trade opened at 9 GMT, the 4th trade opened at 17 GMT and the 5th trade opened at 21 GMT.
Please help me to adjust my Strategy this way. Thank You in advance.
| Attachments: |
newRSIMACD1.vfs [51.41 KiB]
Downloaded 189 times
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DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on
this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control
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the use and/or reliance on any document, data or information found on this webpage.
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amine_chourou
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| Post subject: Re: How do I reduce the number of trades to 1 per hour? |
Post rating: 1
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Posted: Mon 12 Jan, 2015, 16:47
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| Visual JForex expert at Dukascopy |  |
User rating: 288
Joined: Thu 18 Apr, 2013, 09:26
Posts: 1496
Location: Switzerland, Geneva
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Hi
Generally speaking, if you need to trade on a specific period, you need to simply to subscribe to this period: for example, trading on 1hour basis requires an IF block with the default period = candle (BID/ASK) period.
in case no filter is applied and if a strategy use the candle start method, the system will consider all available trading periods and therefore will trade on the minimum one which is 10 seconds. This statement depends on the strategy conditions and specifics.
Thanks
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Mikelis_Zandberg
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| Post subject: Re: How do I reduce the number of trades to 1 per hour? |
Post rating: 0
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Posted: Tue 13 Jan, 2015, 12:04
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| Visual JForex expert at Dukascopy |
User rating: 1
Joined: Wed 06 Aug, 2014, 15:28
Posts: 25
Location: LatviaLatvia
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Hi,
attached you can find the Strategy, which we discussed on the Webinar.
| Attachments: |
newRSIMACD1reviewafteronetoone.vfs [47.76 KiB]
Downloaded 170 times
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DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on
this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control
on their content. Anyone accessing this webpage and downloading or otherwise making use of any document,
data or information found on this webpage shall do it on his/her own risks without any recourse against
Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from
the use and/or reliance on any document, data or information found on this webpage.
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kostakis
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| Post subject: Re: How do I reduce the number of trades to 1 per hour? |
Post rating: 0
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Posted: Tue 13 Jan, 2015, 13:01
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User rating: 1
Joined: Wed 30 Jul, 2014, 14:33
Posts: 95
Location: Lithuania, Vilnius
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Hi,
Thanks again for your help. I imported the strategy and I was going to test it on the Historical tester. However, I have the question. In the first IF block you have estimated a default period of 10 min. In our previous conversation you told me that default period had to be 1 hour (if I understood you correctly). In other words trading on 1hour basis requires an IF block with the default period = candle (BID/ASK) period. Please, check that again and let me know what default period should be used 10 min or 1 hour.
I look forward to hearing from you.
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Mikelis_Zandberg
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Post subject: Re: How do I reduce the number of trades to 1 per hour? |
Post rating: 0
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Posted: Tue 13 Jan, 2015, 14:37
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| Visual JForex expert at Dukascopy |
User rating: 1
Joined: Wed 06 Aug, 2014, 15:28
Posts: 25
Location: LatviaLatvia
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Right you need to change the default variable. Default variable - defaultperiod - right mouse click "edit variable" - change it to "hourly", but than you need to check always if you are testing it in the default parameters if it is on hourly.
Or just change the default period in to hourly(see attachment). Than the period is unchangeable even if you change it before you test the strategy in the parameters.
Information if you put in a block variable which are from the default list. This you can always change before running the strategy in the parameters.
| Attachments: |
newRSIMACD1reviewafteronetoone_Changehourly.vfs [46.82 KiB]
Downloaded 192 times
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DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on
this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control
on their content. Anyone accessing this webpage and downloading or otherwise making use of any document,
data or information found on this webpage shall do it on his/her own risks without any recourse against
Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from
the use and/or reliance on any document, data or information found on this webpage.
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kostakis
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| Post subject: Re: How do I reduce the number of trades to 1 per hour? |
Post rating: 0
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Posted: Tue 13 Jan, 2015, 16:14
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User rating: 1
Joined: Wed 30 Jul, 2014, 14:33
Posts: 95
Location: Lithuania, Vilnius
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Everything is ok now. Thanks a lot for your help.
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