Forex Software — Exit at after a specific amount of minutes

Re: Exit at after a specific amount of minutes

null@example.com (footon) — Thu, 08 Feb 2024 13:50:55 +0000

Yes, you are both correct, my bad. You can just use Bar Closing for 1H TF and it will do what you want to do.

Re: Exit at after a specific amount of minutes

null@example.com (Naya) — Wed, 31 Jan 2024 09:33:07 +0000

From my experience with the nbarexit indicator. An nbar value of 1 mean 1 bar after the close of the first bar. So if your strategy enters at bar open, the. Nbar value of 1 will ensure the strategy exits at the close of the next bar.

Re: Exit at after a specific amount of minutes

null@example.com (Mukoek1) — Wed, 31 Jan 2024 00:09:39 +0000

Thanks footon for the clear explanation really appreciate your input, though is this exit logic working as intended? Tested an EA Using h1 time frame N bar exit with a value of 1 the trade did not exit after 1 hour expiry

Re: Exit at after a specific amount of minutes

null@example.com (footon) — Mon, 29 Jan 2024 21:49:05 +0000

N bar was introduced by Krog long-long time ago, it was in Pro from the start actually.

Regarding your take on H4 vs 1 hour close: it's actually simple, you build your strat using longer timeframe function on a lower TF.
If 1 hour close is what you want, you go down to H1 TF and set your entry indicators to H4. For N bar you set it up to 1 bar close, and there you have it - entry at H4, close 1 hour later if profit target is not met.

Re: Exit at after a specific amount of minutes

null@example.com (Mukoek1) — Mon, 29 Jan 2024 21:28:55 +0000

I was running the old version of Fsb just updated . thank you for the info Footon.
So we need 2 exit conditions: Bar closing (exit the market at the end of the bar) + N bar Exit

I am wondering if i was using H4 time frame how would we set an expiry time of 1 hour? since each bar represents 4 hours

footon wrote:

Look!

Re: Exit at after a specific amount of minutes

null@example.com (footon) — Mon, 29 Jan 2024 18:17:28 +0000

Look!

Re: Exit at after a specific amount of minutes

null@example.com (footon) — Mon, 29 Jan 2024 18:15:05 +0000

Look better then It's a built-in indicator.

Re: Exit at after a specific amount of minutes

null@example.com (Mukoek1) — Mon, 29 Jan 2024 15:03:03 +0000

cheers but i do not see the n-bar exit in the exit condition filters

footon wrote:

Use N-bar Exit. TP must be set in Strategy Properties, N-bar for exit condition.
If you're using TF H1, then set it to 1. For example, if you're using M15, then set the N-bar exit to 4.

Re: Exit at after a specific amount of minutes

null@example.com (footon) — Mon, 29 Jan 2024 14:45:15 +0000

Use N-bar Exit. TP must be set in Strategy Properties, N-bar for exit condition.
If you're using TF H1, then set it to 1. For example, if you're using M15, then set the N-bar exit to 4.

Exit at after a specific amount of minutes

null@example.com (Mukoek1) — Mon, 29 Jan 2024 14:28:55 +0000

Hello guys i cant seem to find a way to add an exit condition so that a trade can exit at after a specific amount of minutes .

For example if a trade is open and does not hit the TP within 1 hours, when 1 hour has expired trade is closed automatically.

Thanks again