Freedom2earn
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I suspect that "open prices" means that it places a trade at the beginning of each timeframe and not at some other point. Whatever timeframe you select (e.g. 1 hour) it will place one trade for each of those bars on the chart.
This is the main reason why you would choose a 1 hour chart as a minimum, otherwise it could place multiple trades in a short time and then go bellyup if the price action reverses suddenly.
This is the main reason why you would choose a 1 hour chart as a minimum, otherwise it could place multiple trades in a short time and then go bellyup if the price action reverses suddenly.