Topic: Multiple Time Frame
Can two entry strategies of different time frames be combined into one EA? For example: an entry signal on the D1 time frame is required before the entry signal on the H1 time frame is executed.
- Popov
- Lead Developer
- Offline
Re: Multiple Time Frame
EA Studio and Express Generator use one market for all indicators.
We can create multi-market strategies manually in FSB Pro. It allows us to set a custom period or symbol for a particular indicator.
Some traders find such strategies work well for them. However, the complexity of the code makes the MetaTrader testing very slow. That's why we decided to have a more straightforward strategy structure in EA Studio.
Re: Multiple Time Frame
Popov wrote:
EA Studio and Express Generator use one market for all indicators.
We can create multi-market strategies manually in FSB Pro. It allows us to set a custom period or symbol for a particular indicator.
Some traders find such strategies work well for them. However, the complexity of the code makes the MetaTrader testing very slow. That's why we decided to have a more straightforward strategy structure in EA Studio.
If I have understood correctly, FSB is capable of multiple time frame strategies as well as entering and exiting positions intra-bar (e.g. not just at the open of the next bar). Is FSB capable of more complex trade management techniques like adding to existing positions, and partial closes?
- Popov
- Lead Developer
- Offline
Re: Multiple Time Frame
>Is FSB capable of more complex trade management techniques like adding to existing positions, and partial closes?
Yes, FSB Pro can add to an open position and a new same-direction entry signal.
FSB Pro can also reduce (partially closing), close, or reverse a position if an opposite entry signal occurs.
However, FSB Pro does these operations on MT4 and Netting MT5 accounts. it does not work on Hedging MT5 accounts.