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Adding a restriction to my trading?

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    Adding a restriction to my trading?

    I am not a programmer and not really familiar with creating own strategy's in NT8.

    This is my problem/idea:
    Most of my losses are done because I enter a trade during the development of a 5 min bar on the ES.
    I know that I can set the rule in my head to not enter the bar. But sometimes the temptation is big.
    So I was thinking of some kind of add-on that only allows to place an order in the first 20 seconds of a bar.
    So after that the place orders are greyed out or something from the sub menu.

    Is it possible to create something like this? Or does this already exist?

    Hope someone can help me out with it.

    Best,
    Maarten


    #2
    Hello wuannetraam,

    There is not any way to prevent yourself from submitting orders manually, you could manually code a strategy which does that however manual interaction would require more advanced C# concepts. If you are not familiar with creating scripts that would probably be a difficult area to start with, I have included a link to a sample strategy which adds buttons to the chart. That would be the starting point toward that use case, or to use the custom buttons which the strategy adds to submit orders. In the strategies logic you could do a number of other conditions if needed based on the button click, one could be the time since the bar had last elapsed/started. The platform otherwise does not have any blocking type features for manual entry.



    Please let me know if I may be of additional assistance.

    Comment


      #3
      ah thats to bad. Thank you for the help.

      Comment


        #4
        Originally posted by wuannetraam View Post
        Most of my losses are done because I enter a trade during the development of a 5 min bar on the ES.
        Maybe what you really need is a tool where you "arm" the buy (or sell) and it will
        automatically perform that action when the bar closes ...

        I mean, you see the 5 min ES bar developing for a long entry, so you "arm" the
        'Buy On Close Up' button by clicking it, and if the bar closes as an up bar, a buy
        order is entered on your behalf ...

        The 'Buy On Close Up' stays armed until you disarm it by clicking 'Cancel',
        or the button disarms automatically after performing the action.

        See attached.

        Attached Files

        Comment


          #5
          Originally posted by bltdavid View Post

          Maybe what you really need is a tool where you "arm" the buy (or sell) and it will
          automatically perform that action when the bar closes ...

          I mean, you see the 5 min ES bar developing for a long entry, so you "arm" the
          'Buy On Close Up' button by clicking it, and if the bar closes as an up bar, a buy
          order is entered on your behalf ...

          The 'Buy On Close Up' stays armed until you disarm it by clicking 'Cancel',
          or the button disarms automatically after performing the action.

          See attached.
          Wow this looks something that I indeed need. Does this already exist? Is it something I can download or buy?

          Comment


            #6
            Originally posted by wuannetraam View Post
            Does this already exist?
            Yes, it's called bltChartTrader.

            An NT7 version is available.
            An NT8 version is in progress...

            Originally posted by wuannetraam View Post
            Is it something I can download or buy?
            For purchase, yes.

            I sent you a PM with more information.

            Comment

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