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	<title type="html"><![CDATA[Forex Software — White/Black previous bar]]></title>
	<link rel="self" href="https://forexsb.com/forum/feed/atom/topic/18/" />
	<updated>2006-12-09T03:06:01Z</updated>
	<generator>PunBB</generator>
	<id>https://forexsb.com/forum/topic/18/whiteblack-previous-bar/</id>
		<entry>
			<title type="html"><![CDATA[White/Black previous bar]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/51/#p51" />
			<content type="html"><![CDATA[<p>We can represent the logic <strong>White previous bar</strong> with:</p><p><strong>[Filter]</strong> <em>Momentum</em><br />&nbsp; &nbsp; &nbsp;<strong>Logic</strong> <em>The Momentum value is greater than Level.</em><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing Method</strong> <em>Simple</em><br />&nbsp; &nbsp; &nbsp;<strong>Base Price</strong> <em>Close</em><br />&nbsp; &nbsp; &nbsp;<strong>Period</strong> <em>1</em><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing Period</strong> <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Level</strong> <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value.</strong> <em>True</em></p><p>This means: <em>Price Close</em>(-1) is greater than <em>Price Close</em>(-2)</p><p>Or a little bit better:</p><p><strong>[Filter]</strong> <em>Momentum</em><br />&nbsp; &nbsp; &nbsp;<strong>Logic</strong> <em>The Momentum value is greater than Level.</em><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing Method</strong> <em>Simple</em><br />&nbsp; &nbsp; &nbsp;<strong>Base Price</strong> <em>Open</em><br />&nbsp; &nbsp; &nbsp;<strong>Period</strong> <em>1</em><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing Period</strong> <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Level</strong> <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value.</strong> <em>False</em></p><p>This means: The current bar openning is higher then the previous bar openning.</p><p>or if, you prefere:</p><p><strong>[Filter]</strong> <em>Moving Average</em><br />&nbsp; &nbsp; &nbsp;<strong>Logic</strong> <em>The MA value is rising.</em><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing Method</strong> <em>Simple</em><br />&nbsp; &nbsp; &nbsp;<strong>Base Price</strong> <em>Open</em><br />&nbsp; &nbsp; &nbsp;<strong>Period</strong> <em>1</em><br />&nbsp; &nbsp; &nbsp;<strong>Shift</strong> <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value.</strong> <em>False</em></p><p>For the logic: <em>The previouse bar is black</em></p><p><strong>[Filter]</strong> <em>Momentum</em><br />&nbsp; &nbsp; &nbsp;<strong>Logic</strong> <em>The Momentum value is lower than Level.</em><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing Method</strong> <em>Simple</em><br />&nbsp; &nbsp; &nbsp;<strong>Base Price</strong> <em>Open</em><br />&nbsp; &nbsp; &nbsp;<strong>Period</strong> <em>1</em><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing Period</strong> <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Level</strong> <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value.</strong> <em>False</em></p>]]></content>
			<author>
				<name><![CDATA[Jar Jar]]></name>
			</author>
			<updated>2006-12-09T03:06:01Z</updated>
			<id>https://forexsb.com/forum/post/51/#p51</id>
		</entry>
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