Sending Orders only on next bar!!

My EA is based on Indicators Inclination only. And I am having difficulties at the point when the inclination inside the same candle turn up and down.

My EA gives orders for buy/sell depending on the inclination and at this point where this inclination can be up and down several times inside the same bar, the EA generates lots of orders.

So I actually need that the EA recognizes the inclination and only on the next candle sends the order - open, buy or close only on next bar.

Can anyone help me?

ANbravo | 26.07.2017

Replies

Kolomiets Nazar | 26.07.2017

Hi, ANbravo!

First, you need to place logic in NextBar() method instead OnQuote():

public override void NextBar()
{
     //trading logic 
}

It will provide you to check a fixed inclination between two bars:

//current and previous bar
var v1 = CurrentData.GetPrice(PriceType.Close, 0);
var v2 = CurrentData.GetPrice(PriceType.Close, 1);

//previous bar and bar before previous
var v1 = CurrentData.GetPrice(PriceType.Close, 1);
var v2 = CurrentData.GetPrice(PriceType.Close, 2);

and then

//values comparing logic

if(v1 < v2)
{
     //negative inclination block

     //check if we don't have open positions
     if(!Positions.GetPositions().Any())
     {
          //place order
     }
}
else
{     
     //positive inclination block

     foreach(var pos in Positions.GetPositions())
     {
          //close position
     }
}

But if you use another trading scripts you need to specify positions scope like:

Positions.GetPositions().Where(p => p.MagicNumber == [MAGIC_NUMBER] && p.Instrument = Instruments.Current && p.Account == Accounts.Current)

Good Luck!

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