Query Re Shift options in Trade

jfasheyi · **Joined:** Thu Jan 29, 2015 5:30 am **Posts:** 13

Hi,

I'd like to carry out a buy trade when the MOM Indicator on the previous bar closes below 100 and the Indicator on the current bar closes above 100, indicating the current bar is the first bar following the cross above 100. And I'd like the trade to be activated at the close price of the current bar.

Is the following accurate - especially shift wise?

Indicator: MOM[Shift1] < 100
Indicator: MOM[Shift0] > 100

Cheers

John

admin · **Joined:** Fri Oct 16, 2009 3:40 pm **Posts:** 451

In mt4 you cannot open the trade at the close of the current bar because you do not know the close until you get the open of the next bar, usually you trade at the open (if you trade bars)
In you case if you want the mom evaluated at the close you can do
Indicator: MOM[Shift2] < 100
Indicator: MOM[Shift1] > 100
Use the AND icon to join both conditions

jfasheyi · **Joined:** Thu Jan 29, 2015 5:30 am **Posts:** 13

Sounds good, Thank you very much.

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Query Re Shift options in Trade