NexusFi: Find Your Edge


Home Menu

 



Categories Help    






The Elite Circle
File sharing for Elite Members only, includes any and all platforms and file types


Entries
Number of seconds in trade, trade timer (for MultiCharts) - v1 4 *
This indicator counts the number of seconds since a trade (long or short) is open.

This indicator uses MC function "I_MarketPosition_At_Broker" so the use of this indicator relies on the following requirements:
a) MultiCharts shall be connected to the broker (possibly in demo mode)
b) A MultiCharts signal shall be active (possibly a "void" signal with only comments inside, and no instructions)
c) MultiCharts AutoTrading mode shall be activated
Note: this AutoTrading mode is required only for the use of MC function "I_MarketPosition_At_Broker" but you do not need to perform autotrading. This indicator works also with discretionary trading.

Warning. This indicator is updated at each tick (and not at each second). So, if there are not a lot of transactions (a new tick each few seconds and not several ticks per second), there is a risk that the timer does not fluidly.

How does it work? When "I_MarketPosition_At_Broker" becomes non-null, the indicator takes note of the hour of the computer. Then, at each ticks, it reads again the current time of the computer, compares it to the noted time (of the computer), and displays the difference.

Do not forget to tick Properties / Update on every tick in MultiCharts for this indicator.

Related discussion thread: https://nexusfi.com/elite-circle/17730-multicharts-indicator-number-seconds-trade-trade-timer.html


Category The Elite Circle 
 
Suggest other entries I might like
Details: Number of seconds in trade, trade timer (for MultiCharts) - v1
Category: The Elite Circle 


February 14th, 2012
Size: 4.56 KB
 


 
Category
 




© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top