Coding Help needed – delay new trade after one closes

• 03/27/2025 at 6:35 PM #245359
  OggyFluff77

  good afternoon all,

  i need some coding help please.

  i would like to add a parameter to the below code which defines how many bars to wait before re-entering a trade – assuming the conditions to trade are still being met.

  code is not finalised but being built out bit by bit. will be using 1m bars

  // Conditions for Entry of Long Positions
  IF CLOSE<EMA(20) AND NOT ONMARKET THEN
  BUY 1 CONTRACTS AT MARKET
  SET STOP $LOSS StopLoss
  ELSIF SHORTONMARKET AND (CLOSE-TRADEPRICE)  THEN
  BUY 1 CONTRACTS AT MARKET
  SET STOP $LOSS StopLoss
  ENDIF

  Hope it makes sense

  thanks in advance

  

  OggyFluff77

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  03/28/2025 at 9:37 AM #245378
  Iván

  Hi. You could add something like this:

  // this will control how many bars your system is not onmarket if not onmarket then barsOut=barsOut+1 else barsOut=0 endif // You have to define how many bars (X) waiting out of market if not onmarket and yourconditions and barsOut>x then buy 1 contract at market endif

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  // this will control how many bars your system is not onmarket if not onmarket then barsOut=barsOut+1 else barsOut=0 endif   // You have to define how many bars (X) waiting out of market if not onmarket and yourconditions and barsOut>x then buy 1 contract at market endif

  2 users thanked author for this post.

  OggyFluff77, robertogozzi

  

  Iván

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  03/29/2025 at 10:15 AM #245404
  OggyFluff77

  many thanks Ivan, the code works perfectly.

  thanks for your help, much appreciated

  

  OggyFluff77

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  Topics: 3

  Replies: 17

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