I am making a mechanical counter-trend strategy for trading futures contracts. The strategy uses the MBox Algo indicator, filtering for Springs and Upthrusts in a counter-trend direction, to identify potential trades. These are the rules Use the MBox Algo indicator and filter for Springs and Upthrusts in a counter-trend direction. Enter trades when the price breaks the previous swing high or low. Exit trades at a 1:1 risk-reward ratio. Only trade between 9:30 AM and 12:00 PM. The issue is It fires multiple trades, where it shouldn't.
The MBoxUpthrust is the original file that was working fine It isnt until I pasted it in a blank strategy template (with stops, time zones etc) that it stopped working properly. So I think I could be in trade management, but I'm not sure. The AlgoMbox is the new file
Could someone please help me out to find whats the bug in the new file thats causing it. Thanksdrive link with the cs files in it
Tried Running it and it fired multiple trades