Early/Delayed Signal FunctionEarly/Delayed Signal Function (before the bar close or after)
Usually, signals are considered to be valid at the bar close .
Some traders may prefer to have a chance to enter earlier .
It is of great risk , and the Strategy Tester is unable to provide consistent backtest data with regards to this.
But for those who want to integrate such a choice in their strategies, here is the Early Signal Function .
The function takes 2 parameters
- the signal that is considered valid at the bar close , of type bool
- the early time value in seconds, the time before the signal is valid, of type int
it returns a value of type bool - a New Entry Signal
The resulting conditions used for alerts would be:
- newLongCondition = earlySignal_f(myLongSignal, earlyTime)
- newShrtCondition = earlySignal_f(myShrtSignal, earlyTime)
Note: the signals can also be delayed - use a negative value for early time
