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| Open & Close a trade on same 'Bar Open' & 'Bar Close' http://www.molanis.com/forum/viewtopic.php?f=6&t=6127 |
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| Author: | EddieII [ Sat Feb 28, 2015 12:07 am ] |
| Post subject: | Open & Close a trade on same 'Bar Open' & 'Bar Close' |
Hi, Does anyone know how to open a trade at 'bar open' & close a trade at 'bar close' on the same bar? For example: Open criteria If bar(1) close < Bar(2) close = go short Close Criteria If current bar close < current bar open = close trade Thanks a bunch Eddie |
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| Author: | molanisfx [ Sat Feb 28, 2015 5:54 pm ] |
| Post subject: | Re: Open & Close a trade on same 'Bar Open' & 'Bar Close' |
on mt4 there is no way to know the close until you get the next open this is why when you trade bars you trade at the open. you are right, the way to do it is: If bar(1) close < Bar(2) close where (1) is the previous bar |
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| Author: | EddieII [ Sun Mar 01, 2015 5:02 pm ] |
| Post subject: | Re: Open & Close a trade on same 'Bar Open' & 'Bar Close' |
Thanks for that. The only problem in closing the bar that way is that the condition for entry also includes 'If bar(1) close < Bar(2) close where (1) is the previous bar' So what happens is it will open the trade and then close it immediately as the condition is met straight away. Any other suggestions to get around this? Even closing the bar say 59 sec after opening would work - is this possible? Thanks Eddie |
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| Author: | molanisfx [ Mon Mar 02, 2015 12:34 pm ] |
| Post subject: | Re: Open & Close a trade on same 'Bar Open' & 'Bar Close' |
Not sure I understand. Open and close conditions cannot overlap otherwise you get coninuos opening and closing |
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