Support Board
Date/Time: Sat, 24 May 2025 09:48:12 +0000
Post From: Programming Help - How to avoid multiple trade entry signals at same price level?
| [2023-08-01 21:55:38] |
| User61168 - Posts: 442 |
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Hi, I am looking for some direction in dealing with these two challenges: 1) I have multiple (and unrelated) trade signals coded in a single "Simple Alert-Trading based on Alert condition" study. There are times when 2 or more signals are generated at the same price level (at different times or on different range/renko bars) so I need a filter that would track and avoid a second trade execution at the same price level. Example: If a trade was already triggered at Session open price line, I would like all future trade signals across multiple strategies to ignore when ABS(C-session Open Line) <= xticks. 2) Is there a study that will tell me how many times a price level is visited? Like a counter based on last price to return a number in subgraph representing how many times this price point has been revisited in the past during intraday session only. I would really appreciate any creative solution or ideas. |