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Newbie Question - How do I prevent more than one entry per candle?
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Newbie Question - How do I prevent more than one entry per candle?
I'm working on a strategy that sometimes reaches its profit target on the entry candle. As soon as the profits are taken the strategy initiates another position (the entry conditions are still true). How do I limit the strategy to one position per bar?
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Hello Cliffg26,
You can use BarsSinceEntryExecution for that purpose.
This reports -1 if no entry had been placed yet, after the first entry it will report a number of bars since the last entry. The condition shown in the help guide would be the requirement to check for both -1 and then the number of bars you wanted to wait for another entry. That allows it to take an initial entry to start working.
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