Ticker Tape by TradingView

Welcome to the BEST forum for traders

Did you know we're sharing tons of exclusive content here?
Our community is growing quickly. Take a look around and say "Hello".

Don't buy if there are any nearby orders closed

Sep 17, 2021 - 2:25 PM

Viewed 445 times

https://best-trading-indicator.com/community/bti/forums/4180/topics/26131 COPY
  • Carlo Pierri
    Carlo Pierri
    Carlo Pierri
    Carlo Pierri Sep 17, 2021 - 2:25 PM

    How do I tell my script not to buy if there has been a closed trade in the previous 5 candles?

    In attach the an wrong entry example!

    Screenshot 2021-09-17 14.15.01.png

    0
  • Dave Dave
    Dave Dave Moderator
    Dave Dave
    Dave Dave Moderator Sep 18, 2021 - 10:16 AM

    Hi @carlopierri

    Save the exit conditions (SL, TP, custom close) in a consolidated exit variable

    exit_bull_cond = exit_bull_SL or exit_bull_TP or exit_bull_custom

    And then use the barssince function

    skip_condition = barssince(exit_bull_cond) <= 5
if not skip_condition // there was a close trade after 5 candles
    // strategy.entry("Long", true, ...)
    0
CONTENTS