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Posts: 2

1 (edited by h2ruii 2022-09-22 14:17:52)

Topic: Multi Timeframe Strategies

Dear Popov,

Is it possible for EA studio to include a feature to generate multi timeframe strategies?

For example, H4(long entry confirmed) -> H1 (long entry confirmed) -> M15 (long entry confirmed), then open long order. Vice versa for short entries.

The main idea above is that EA studio will generate strategies based on H4, H1, M15 and if all three time frames are in confluence and agreement, and indicators used in each timeframe are all confirmed as long entry, then an order will be opened. It would be even better if a timing feature could be added, say if H4 is confirmed and H1 and M15 do not have a confirmation within X hours/min, signal is void.

Having this feature would definitely take advantage of building more powerful strategies, since using higher timeframes will give more robust confirmation to trade the market. It is something I would love to see in EA studio as more options can be built upon it, such as having the user to select how many timeframes to use, what timeframes to analyse, timing before signals are voided etc, based on their preferences.

Thanks
hruii

Re: Multi Timeframe Strategies

One technical problem -- this couldn't be tested in MT4/MT5 Strategy Tester.  Strategy Tester only supports a single time frame.  If you don't care about Strategy Tester then that's not an issue -- but I suspect most of us use it as a "sanity test" to confirm the portfolio EA we just built from *.mq4/*.mq5 source code executes as expected.

Alternatively, you could "simulate" different time frames by fiddling with the 'Period' setting of certain indicators.  Personally I think that is too much trouble and have found that things don't necessarily scale as expected.  In your example the "base" timeframe would be M15 and then you would use 4x (for H1) and 16x (for H4) multiples of the 'Period' setting -- something like that.

All timeframes use the exact same tick data -- with one exception, the Open tick.  MT guarantees an Open tick at the beginning of a time frame regardless if the price has changed.  As a result, over the course of an hour an M15 strategy will receive 3 more ticks than an H1 strategy.  This may or may not affect performance -- just something to think about...

h2ruii wrote:

Dear Popov,

Is it possible for EA studio to include a feature to generate multi timeframe strategies?

For example, H4(long entry confirmed) -> H1 (long entry confirmed) -> M15 (long entry confirmed), then open long order. Vice versa for short entries.

The main idea above is that EA studio will generate strategies based on H4, H1, M15 and if all three time frames are in confluence and agreement, and indicators used in each timeframe are all confirmed as long entry, then an order will be opened. It would be even better if a timing feature could be added, say if H4 is confirmed and H1 and M15 do not have a confirmation within X hours/min, signal is void.

Having this feature would definitely take advantage of building more powerful strategies, since using higher timeframes will give more robust confirmation to trade the market. It is something I would love to see in EA studio as more options can be built upon it, such as having the user to select how many timeframes to use, what timeframes to analyse, timing before signals are voided etc, based on their preferences.

Thanks
hruii

Posts: 2

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