INNER CODE UNIT · Python

NewCandleUpdate

Mo-Khalifa96/Forex-Trading-Bot · TimeProcessing.py:23

def NewCandleUpdate(tframe: str, CandlesRetrieved: int):
    '''
    Returns True if a new candle starts or emerges based on the given trading timeframe (tframe); 
    otherwise, returns False. By signalling to the program the start of a new candle, the program 
    engages in a new loop, analyzing and applying the indicator measures to the new data.\n\n
    Also, if CandlesRetrieved is True, it returns False, preventing the program from analyzing the
    same candle twice.\n 

    **Note, the function is adjusted to UTC time to track MT5 candle update times.**\n\n

    Valid time inputs are:
           [5m, 15m, 30m, 1h, 2h, 3h, 4h, 1d]    
    '''

    if CandlesRetrieved is True:
        return False    
        
    if tframe == '5m':

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