Okie dokie, thanks for your reply..
| molanis.com/forum - Tools for MetaTrader : The place to ask about the best expert advisor builder, expert advisor downloads, and expert advisor programming http://www.molanis.com/forum/ |
|
| Closes above/below an MA in the last 'X' amount of bars http://www.molanis.com/forum/viewtopic.php?f=9&t=5524 |
Page 1 of 1 |
| Author: | nolube [ Sat Jan 05, 2013 6:44 am ] |
| Post subject: | Closes above/below an MA in the last 'X' amount of bars |
Need some guidance here, I'm looking to play around with an indicator that judges strength in a more sideways or turning market. The idea being that once more closes start to happen above an MA, then the pair is strengthening. For example, as a filter for a long trade: More than half of the closes in the last 24 bars must be > 10 SMA. I just made those numbers up as I obviously haven't tested them yet, but hopefully you get the point. Any help as to how to go about this would be much appreciated. Cheers |
|
| Author: | molanisfx [ Sun Jan 06, 2013 12:04 am ] |
| Post subject: | Re: Closes above/below an MA in the last 'X' amount of bars |
You cannot build that with the indicator builder - there is no way to tell it "More than half of the closes in the last 24 bars must be > 10 SMA". You can tell it if the current bar (or any bar) is > (or<) 10 sma |
|
| Author: | nolube [ Sun Jan 06, 2013 7:07 am ] |
| Post subject: | Re: Closes above/below an MA in the last 'X' amount of bars |
Okie dokie, thanks for your reply..
|
|
| Page 1 of 1 | All times are UTC - 5 hours |
| Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group http://www.phpbb.com/ |
|