A minimum distance rule fixes that: no new entry within 10 minutes and 5 pips of the previous entry in the same direction.
How to check whether it helps on your EA:
- Run a backtest with and without the rule.
- Look at which trades it removes and their average result.
- Check how the removed trades are distributed: they should be mostly second and third entries in choppy markets.
There's also a live-monitoring benefit. Bursts of trades are harder to check in real time and easier to misread.
On choosing the values: picking round numbers by eye and not optimising them is a good defence against curve fitting. If the result only works at 9 minutes and 4.5 pips, it isn't robust. Test a few nearby values and make sure the effect is similar.
Does anyone else use something like this?