Topic: Entry logic condition: after prev. bar had new high in 'x' period

Hello,

I am interested in having entry logic condition: entry after the previous bar made a new high (for short: low) in a given period (say, closed higher than the previous 10 bars) - regardless of whether the current bar opens below or above.

How can I do it?

Re: Entry logic condition: after prev. bar had new high in 'x' period

You can use the Donchian Channel indicator.

Re: Entry logic condition: after prev. bar had new high in 'x' period

I do not think so - that Donchian indicators (I have Donchian Channel and Custom Donchian Channel) have options for "bar opens', "bar touches" or "position opens".

I would like to use an condition "the [previous] bar closes above Upper DC" (or, putting differently, "makes a new high on closure"). Regardless of any opening point, or whether it touched the channel (but closed below it).