Topic: Definition of 'rising'
Hello,
what does the term rising in the description of the opening logic of some indicators exactly mean?
I'm trying to verify the backtesting results of FSB by backtesting with the same data converted as fxt-files (and therefore tick data) with the mt4 backtester.
I backtested the following simple strategy:
entry: bar opening + macd histogram (exponential, close, simple, 26, 12, 9) rising
exit: with bar closing + macd histogram falling
Now I try to implement this with MQL Editor and defined rising/falling as a positive/negative difference to the last MACD histogram value.
example mql4 code:
last_macd=iMACD(Symbol(), 0, 12, 26, 9, PRICE_CLOSE, MODE_MAIN, 1);
The results differ very much from the results in FSB concerning entry and exits of the trades. So I need to know how you define rising and falling.
Thanks.