Intra Bar Entry - now possible with FutureStation

[WHS Support]

Hello Everybody,

With some new functions of Express and the extra permission “external trigger” it is now possible to program an intra bar entry with WHS FutureStation.

For example the following situation:
You have a range, you want to trade the breakout directly and do not wait for the candle to close.
Using CreateFile() + external trigger, it will execute with the first tick above the line.
It also allows you to open additional positions every time you get a new signal. (This can be limited in the settings)

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The code is also very easy and would e.g. look like this:

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And the settings for the external trigger:

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Express function CreateFile():

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Please note:
This function is somehow contrary to the principles of the platform. Most of the financial literature believes that the close price is the most important and hence indicators should be calculated based upon this price. With this function the platform does not wait for the close.

So it might be that an order is triggered and the user afterwards does not see that there was a signal:
In this example you would have an entry during the candle as the MACD has a cross.

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During this candle the price went up again and at the end of the candle you do not see this cross anymore – but you would have a position!

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This also means that strategies using this can´t be backtested!

If you want to use this functions for your trading please write an email to our Support and ask for the permission “external trigger” (no extra charge is applied).

How to use and configure external trigger?
Please see the manual for more information:
http://www.fipertec.de/NanoTrader/NanoT ... rading.pdf

If you have problems please let us know, also every experience and feedback you want to share is very welcome.

Important:
Using the Create File function and external trigger is solely on client´s own risk.
Do not use this functions if you do not want to take this risk.
Please do extensive tests in the paper account before.

Kind regards,
WH SelfInvest