forex software

Create and Test Forex Strategies

forex software

Skip to forum content

Forex Forum

Forex Software, Forex Strategies, Expert Advisors Generator

You are not logged in. Please login or register.


Forex Forum → Forex Strategy Builder Professional → Multi time-frame strategy

Pages 1

You must login or register to post a reply

RSS topic feed

Posts: 3

Topic: Multi time-frame strategy

Hello!

For some instuments sessions begin at 3.05 and end at 23.00. To construct the strategy on daily bars for such instruments we can use 5 minute timeframe and:
1) Opening Point of Position = Bar Opening
2) Entry time [Opening Logic Condition] = 3.05
3) Closing Point of Position = Bar Closing
4) Exit time [Closing Logic Condition] = 23.00
5) Longer time frame [Advanced property of indicators] = Daily

Will such strategy be equivalent to strategy, generated on daily timeframe?
1) Opening Point of Position = Bar Opening
2) Closing Point of Position = Bar Closing
3) Longer time frame [Advanced property of indicators] = Default

Re: Multi time-frame strategy

Or may be better such variant on dailty TF:
1) Opening Point of Position = Entry hour = 03.05
2) Closing Point of Position = Exit hour = 23
3) Longer time frame [Advanced property of indicators] = Default

Re: Multi time-frame strategy

If your daily bars start at 03:05, the experts will work well.

If you have ticks before 03:05, but only the trading is allowed from that time, you have to use lower periods that have "Bar Open" after 03:05. Periods from M1 to H4 will work well.

Posts: 3

Pages 1

You must login or register to post a reply

Forex Forum → Forex Strategy Builder Professional → Multi time-frame strategy

Similar topics in this forum