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Open Price to Previous Candle Must Less Than 50 Pip

3 replies

4 years ago #247703

Hi Sir,

Due to my limited technical knowledge, I have a problem to add-on the following condition:

Go Long: From the open price to previous lowest candles (last 8 candles) must less than 50 pips
Go Short: From the open price to previous highest candles (last 8 candles) must less than 50 pips

4 years ago #247713

The full logic is:-

1. Only one open position allows
2. Open the trade when RSI crossover AND
3. Open price to previous candles (8 barsback) must less than 500 points

Appreciate if someone can help. Many thanks.

4 years ago #247718

The full logic is:-

1. Only one open position allows
2. Open the trade when RSI crossover AND
3. Open price to previous candles lowest/ highest (8 barsback) must less than 500 points

Appreciate if someone can help. Many thanks.

[Edit:] Flow chart attached for a clearer picture

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4 years ago #247727

Hello,

RSI cross above/below? What value? 20, 80?

For long side lowest or highest is used?

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