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Author Topic: Is it possible to change a trade from h1 to h4 without affecting the trade?  (Read 4062 times)

Offline Peter-FX

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Hi Donna,

Is it possible to change a trade from h1 to h4 without affecting the trade?

i.e.  I’ve been in a usd/jpy sell trade on h1 all day and the time here in Australia is 9pm. I would like to leave the trade running over night and thought it may be better to change from h1 to h4. The trade looks good on both h1 and h4, but thought that there would only be one new bar on the h4 where there would be about seven new bars on the h1 over night.

Does it make any difference to the trade if you change the tf of the chart?

Thanks
Peter

Online donnaforex

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For a manual trade it makes no difference at all. For an EA it would.
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Offline Peter-FX

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Thanks Donna, It's a manual trade. However, what if Fapt started a trade and it looked like a very good trade, that could go longer than Fapt would take it. could you turn Fapt off, change the tf to h1 or h4 and trade manually.

Peter
« Last Edit: May 13, 2009, 12:54:38 PM by Peter-FX »

Online donnaforex

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Yes you can do that. When you have a manual trade on the go (or have turned off your EA) the system doesn't care about what charts you do or don't have loaded, you can even close the chart down if you wish and it wont effect the trade.
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Offline Peter-FX

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Thanks Donna, excellent help.
Peter-fx

Offline hybrid

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I mostly do manual trading , see charts for analysis so I can trade at any position . I do instant trading monitor my trades my self not depend on any EA . I feel it is best way of trading that improve my skills day by day.

 

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