Example K4: Forced waiting time between trades
This is not a ready-to-use trading strategy. A trading strategy requires adjustment to the timeframe and symbol, along with thorough backtesting. The example is intended as a foundation for your own custom strategy and to help you get familiar with the Expert Advisor Builder web application. To import and use an example, please follow the instructions provided here.
Description
This example enforces 50-bar waiting periods between trades, preventing rapid successive entries. After each trade closes, the system must wait 50 bars before accepting new signals. This cooling-off period prevents overtrading and allows market conditions to develop.
Forced waiting reduces emotional trading by enforcing discipline mechanically. Even perfect signals are ignored during waiting periods, maintaining consistent trade spacing. This approach suits strategies requiring specific market development between opportunities.
Time-based trade spacing differs from signal-based spacing by using absolute time rather than market conditions. This creates predictable trade frequency useful for position sizing and risk management calculations.
Recreate the Example
You can either import this example directly or set it up manually. To manually replicate the trading module, make sure a newly added module includes the following key settings and that the professional mode is activated:
Trade Basics
- Operation type = Long
- One trade mode = Off
- Waiting time between trades = 50
Signal Generation - Indicators - STD
- Signal in use = On
- Signal used for = Forward
- Selected indicator = STD
- Draw in chart = Off
- Forward adjustment = 3.50
Signal Generation - Indicators - SMA
- Signal in use = On
- Signal used for = Entry
- Selected indicator = SMA
- Draw in chart = On
- Drawing slot = 1
Signal Generation - Indicators - EMA
- Signal in use = On
- Signal used for = Entry
- Selected indicator = EMA
- Draw in chart = On
- Drawing slot = 2
Signal Generation - Indicator Combinations (SMA & EMA)
- Signal in use = On
- Signal used for = Entry
- Input indicator 1 = SMA
- Input indicator 2 = EMA
- Value relation = Value x cross value x
Signal Generation - News
- Selection = Indicator
- Used indicator = STD
Signal Generation - News
- Selection = Risk ratio
- Risk ratio = 1.40
Screenshots
