Midnight Watch
125 USD
Versione demo scaricata:
6
Pubblicato:
13 aprile 2025
Versione attuale:
1.2
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Why Timeframes Sometimes Show the Same Values
At certain times, multiple timeframes start new candles at the exact same moment. When this happens, they can display very similar or even identical values, especially right at the open of a new bar.
Example:
It's 10:00 PM. At this time:
A new 4-hour (H4) candle begins (since H4 candles open every 4 hours — 10:00 , 14:00 , 18:00, etc.)
A new 1-hour (H1) candle also begins
A new 30-minute (M30) candle starts as well
All of these timeframes are now at the very beginning of a new candle. Because no significant price movement has occurred yet, the opening price and the current price are still the same across all these timeframes.
As a result, the percentage change — if calculated at this moment — will be identical or very close to zero across all of them.
Why This Happens:
Timeframes are built in a nested structure. Smaller timeframes are subdivisions of larger ones (for example, two M30 candles make up one H1 candle, and four H1 candles form one H4 candle). Due to this, their bars will often open at the same time, particularly on the hour or at common intervals.
This could give the illusion of alignment or confluence between timeframes, when in fact, no meaningful price action has taken place yet. This can lead to misleading signals or premature entries.
How Thresholds Help Filter This Out
Thresholds act like a minimum movement filter. They prevent your system from reacting to noise or non-movement.
Example:
If you set a threshold of 0.05%, you're telling your EA:
“Don’t consider this timeframe valid unless price has moved at least 0.05% from its open.”
So at 10:00 PM:
All the new candles open.
But price hasn’t moved much — maybe 0.01% or less.
Since that’s below your 0.05% threshold, your EA ignores that data for now.
This avoids:
False confirmations
Premature signals
Entries based on time-synced candles rather than real market movement
In Short: Thresholds force Midnight Throttle to wait for actual price action before reacting. They filter out those moments where the market looks aligned