Thread: NewBarBuy() & NewBarSell()

Hello! I am just curious, why Funyoo uses the NewBarBuy and NewBarSell functions, is it because of Hedge function?

bool NewBarBuy()
{
if(PreviousBarTime1<Time[0])
{
PreviousBarTime1=Time[0];
return(true);
}
return(false);
}

bool NewBarSell()
{
if(PreviousBarTime2<Time[0])
{
PreviousBarTime2=Time[0];
return(true);
}
return(false);
}

Originally Posted by szmvscla

Hello! I am just curious, why Funyoo uses the NewBarBuy and NewBarSell functions, is it because of Hedge function?

Hi szmvscla,
Its meant to stop the ea doing more than 1 trade or pair of trades on the 1 bar.

You dont want the ea seeing a signal & entering a trade then entering again & again while the signal is still true for the same bar.

Thought I spotted a thread on it in this MQL programming section, but now cant find it. sorry.

cheers bt2

Originally Posted by bt2

Hi szmvscla,
Its meant to stop the ea doing more than 1 trade or pair of trades on the 1 bar.

You dont want the ea seeing a signal & entering a trade then entering again & again while the signal is still true for the same bar.

Thought I spotted a thread on it in this MQL programming section, but now cant find it. sorry.

cheers bt2

Thanks, but just one newbar function, isn't enough?

Originally Posted by szmvscla

Thanks, but just one newbar function, isn't enough?

Mmmmmm, Good point,
I have been running an ea with them commented to the screen, alongwith other junk. I did notice that they were switching to 1 & back to 0 together on the same processing passes.

Spose you only expect either a sell signal or a buy signal at each new bar, not both.

What ea you playing with ?

cheers bt2

Originally Posted by bt2

Mmmmmm, Good point,
I have been running an ea with them commented to the screen, alongwith other junk. I did notice that they were switching to 1 & back to 0 together on the same processing passes.

Spose you only expect either a sell signal or a buy signal at each new bar, not both.

What ea you playing with ?

cheers bt2

Hi! I am still having problem about the new bar, I've posted a new thread, if you know the answer for my problem, please let me know. I am learning how to code and I am not working for a specific EA, just coding and trying some eas from here like the Taichi Demarker.