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How To Limit Repeating Signals

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An example of how to limit the input number of allowed signals using a function containing a condition counter with a reset.
Release Notes
Revision 1

Added alert event functions.

NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Release Notes
Revision 2

Removed input restriction for negative numbers below -1. Added error handling inside function where any negative number disables the filter and passes through all signals.
allanster
Wizard
lux ex tenebris • deuro mea umbra absens • Telegram: t.me/allanster
Also on:
conditionseducationalfilterhowtolimitmultiplerepeatingsignalstutorial

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
conditionseducationalfilterhowtolimitmultiplerepeatingsignalstutorial
allanster
Wizard
lux ex tenebris • deuro mea umbra absens • Telegram: t.me/allanster
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.