Hi,
my indicators are based on 5minute bars entering a trade, i.e. when price crosses an SMA. As I donot trade on bar close but whenever price ticks over (or under) that indicator, I wonder if price ticks above and below that inducator value, if NT would enter multiple positions?
Or would NT automatically enter only once until this actual 5 minute time span is over as well?
And than, as crossover means bar[1] under and bar[0] over (or vice cersa), would NT not enter another trade at the next bar after entering as it would not be a crossover? Only if it would cross back for at least another 5 min bar (or another tick?), ant than cross over again?
And, if I would check for price above that SMA instead of crossover on a 5min bar time-frame but signaling on ticks, would than each tick execute an entry signal, or each first tick within a 5 minute time-frame?
Thank you!
my indicators are based on 5minute bars entering a trade, i.e. when price crosses an SMA. As I donot trade on bar close but whenever price ticks over (or under) that indicator, I wonder if price ticks above and below that inducator value, if NT would enter multiple positions?
Or would NT automatically enter only once until this actual 5 minute time span is over as well?
And than, as crossover means bar[1] under and bar[0] over (or vice cersa), would NT not enter another trade at the next bar after entering as it would not be a crossover? Only if it would cross back for at least another 5 min bar (or another tick?), ant than cross over again?
And, if I would check for price above that SMA instead of crossover on a 5min bar time-frame but signaling on ticks, would than each tick execute an entry signal, or each first tick within a 5 minute time-frame?
Thank you!
Comment