I would like to have the existing strategy improved. My strategy (attached) works as follows: if MACDhisto is above (below) the zero at least 2 hours, it opens one position after 2 hours, all ensuing positions are eliminated. It works perfectly, however I need to have more positions opened. I need to have the positions opened not just after 2 hours but after 3, 4 and 5 hours as well. In other words I don’t want to change the very logic of the existing strategy but I need to have the positions opened after 2, 3, 4 and 5 hours, all the ensuing positions have to be eliminated.
Could you help me with that? Thanks in advance.

Hi,

Not sure if I missed something in your description.. but what is stopping you from implementing the same logic as the one attached in your post with 3, 4 and 5 ???

Best

The problem is that when I am trying to do that the strategy begins to open positions randomly (not necessarily after 2, 3, 4 and 5 hours). One time it opens position after 1 hour the next time after 12 hours and so on. In other words, when I put the additional condition (3, 4 5 hours) it breaks the very logic of the strategy and the strategy does not work properly any more.

Kind regards,
kostakis

What if you try the following:

IF you're at 2 --> Submit order then if it is filled you assign the value 3 to the counter
And then again, if order filled --> assign value 4 ... till 5 and then reset or stop

For this you need to create a position variable to identify your trades and every time it gets filled you increment the counter

Hi,
Your idea is quite interesting. However, I need to have the next order opened despite the previous order, e. g. after 2 hours was filled or not. The idea is as follows: if no order in 2 hours was opened the system would check all the parameters in 3 hours, and after that in 4 hours, and after that in 5 hours, and just after that all the ensuing orders have to be eliminated.
Please, advise.

alright then,
it should be a simple counter plugged to the oncandle on hourly basis .. check the attached ...

Thanks a lot. I'll try it.

Hi,
I have implemented your Counter into my strategy. I tested my strategy and realized that it did not work properly. Unfortunately, it keeps opening the orders randomly. If I sent you my strategy would you check the Counter there, please?

Kind regards,
kostakis

with pleasure ...
Meanwhile, please find attached the same example but including the open positions block + closure command after each hour.
You can insert your trading conditions before the Open @Mkt ...

Let me know if it cope with your needs

My idea is quite close to the example provided, however it's a little bit more complicated. So, I attached the strategy and I would try to explain the very essence of the problem. I need to have one order open after 2 hours from the moment the MACD histo is below (above) zero level and I need to have it each time when the MACD histo crosses a zero level and stays there for at least 2 hours. More over, I need to have the position reduced (TP set to 2 pips) if after 6 hours (4 hours from Current_Position Creation Time) it would not succeed to close with initially estimated profit (TP 12 pips). For that I use the following counters: Counter_N and Counter_P for opening positions after 2 hours; Counter_N11, Counter_P11 for reducing positions after 6 hours (or after 4 hours from Current_Position Creation Time). It works perfectly with 2 hours as well as with 3 hours (for 3 hours I use Counter_N21, Counter_P21 for opening positions and Counter_N22, Counter_P22 for reducing positions after 7 hours (or after 4 hours from Current_Position Creation Time). The problem occurs when I join all the counters together. All them together begin to open positions randomly (not after 2 hours and 3 hours). Could you, please check these counters for me?

Hi,
Thanks a lot for your help. Actually, it make sense for me. I'll implement the example in my strategy and test it. Thank you again.

Kind regards,
kostakis