diff --git a/freqtrade/plugins/pairlistmanager.py b/freqtrade/plugins/pairlistmanager.py
index d1cdd2c5b..03f4760b8 100644
--- a/freqtrade/plugins/pairlistmanager.py
+++ b/freqtrade/plugins/pairlistmanager.py
@@ -83,7 +83,8 @@ class PairListManager():
         pairlist = self._pairlist_handlers[0].gen_pairlist(tickers)
 
         # Process all Pairlist Handlers in the chain
-        for pairlist_handler in self._pairlist_handlers:
+        # except for the first one, which is the generator.
+        for pairlist_handler in self._pairlist_handlers[1:]:
             pairlist = pairlist_handler.filter_pairlist(pairlist, tickers)
 
         # Validation against blacklist happens after the chain of Pairlist Handlers