Trade ‘Within’ Time Filters
The first option inside Additional Filters is your Trade ‘Within’ Time Filters. You can use the Trade Within Time Filters to indicate exactly what times you want the Predator to take trades.
With that in mind, Time Filters can ONLY be used with your 02B Auto Entries! This means if you are trading manually these limits will not work.
TimeFilter 1 / 2 / 3
With the Predator you can select anywhere from No Time Filters up to 3 Time Within Filters, depending on the level of customization you want for yoiur Strategy.
Each Time Filter will have a specified start and end time. These times must all be within a 24 hour period.
Trading Overnight
Traders commonly trade overnight which can cause some confusion when your Time Within Filters can only be valid for one 24 hour period. If you set limits outside of 24 hours these can cause major problems with your strategy.
In order to trade overnight there are 2 things you must do
⤷ Set your lowest Time Within Filter as TimeFilter 1 and your Highest time as your last Time Filter.
⤷ One filter would start at 12:00am and your last filter will end at 11:59pm
As shown in the example above TimeFilter 1 is our lowest time and starts at 12:00am then trades until 03:00am, TimeFilter 2 starts again at 09:30am until 02:00pm, and finally our highest filter is TimeFilter 3 that starts at 08:00pm until 11:59pm where it would then continue the following day at 12:00am
Exit On Time End
Within each of your Time Within Filters there is an option to further customize your trades by choosing to Exit on Time end. This means that if you have this option selected, any trades you are currently in come your Trade End Time will be automaticall exited.
Leaving this box unchecked will NOT take you out of trades and they will remain active until your next Time Within Filter starts.
Something to keep in mind, if you are also using either The Exit On Session Close through NinjaTrader or if your prop firm has an Exit On Close feature make sure to use one or the other but not all. They can be used all together IF they are not all executing at the same time.
If they all execute at the same time this can cause over fill issues when the Exit Time hits.
