Topic: MENU CHOICES NOT SAME FOR OPENING POINT AND OPENING lOGIC
HELLO FRDS
OPENING POINT MENU CHOICE QUIET WIDE FOR ANY INDICATOR **BUT**
NOT SAME FOR OEPNING LOGIC CONDITION ?
SPECIALLY FOR SAME INDICATOR TYPE EXAMPLE ICHIMOKU !
tks
LERECIDIVISTE
- Popov
- Lead Developer
- Offline
Re: MENU CHOICES NOT SAME FOR OPENING POINT AND OPENING lOGIC
That is because these slots are different in function.
- "Opening Point of the Position" shows the exact price for entering the market. Its indicators has to determine price.
- "Opening Logic condition" is a logical rule that have to be satisfied in order to allow a signal. This is a condition evaluated to "true" or "false". All "Opening Logic condition" slots have to be "true" to rise a signal.
Example:
"Opening Point of the Position" - Moving Average. Logic "Enter the market at MA". This slot tells that the position opens when the market reaches MA.
"Opening Logic condition"- Moving Average - "Moving Average rises". This is a condition. When this is true (MA is going up) we have permission for a long entry and when MA falls whe have permission for a short entry.
Both slots use Moving Average but you see that the principal is different.