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After exiting a trade I want to wait 5 minutes before re-entering a
trade so here's what code I've tried but it does not seem to be
making a difference in the next entry. Do you see any problems?
//Initialize last trade exit times
LastSellTime = LastCoverTime = 000000;
// Calculates Amount of time since last exit
TimeSinceLastTrade = Min((TimeNum() - LastSellTime),(TimeNum() -
LastCoverTime));
// I added this to my BUY and SHORT instructions so that the time to
re-enter the next trade must be greater than 5 minutes.
AND (TimeSinceLastTrade > 000500);
//In my logic added the following to get the time of the Last Sell
and Last Cover
if(Sell[i] == 1)
{
LastSellTime = TimeNum();
}
if(Cover[i] == 1)
{
LastCoverTime = TimeNum();
}
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