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Posts: 6

1 (edited by Mukoek1 2024-01-27 06:33:41)

Topic: Trade conditions filters questions

Hello Guys i have a few questions below:

1)How do i prevent trade to open on thursday and friday? I choose the filter "Day of the week" but there is no option to exclude both Thursday and friday
2) How do i add this condition: price must take support between area of the green line and red line of the alligator indicator? https://i.ibb.co/p0QnRCh/Capture.jpg
Thank you

Re: Trade conditions filters questions

bem minucioso essa pergunta numero 2

sei que a funcao de nao abrir na sexta existe o limitador de tempo mas ... na quinta nao sei

Re: Trade conditions filters questions

Mukoek1 wrote:

Hello Guys i have a few questions below:

1)How do i prevent trade to open on thursday and friday? I choose the filter "Day of the week" but there is no option to exclude both Thursday and friday
2) How do i add this condition: price must take support between area of the green line and red line of the alligator indicator? https://i.ibb.co/p0QnRCh/Capture.jpg
Thank you

I think you have to turn on your mind and thinking while choosing the logic condition. Day of Week states "Enter the market between the specified days". Do you understand what it means? Yes? Ok, so, you set it as from Monday to Thursday and it's done. Another point - you can save so much time if you set the indicator up and when unsure, go to the chart and see how it behaves, and all the questions get answered!

The second question: "price must take support between area". How do you define it? I see a strong discretionary approach, therefore it can't be done. Think up a clear rule, take the parameters of the green and red and put them in MA indi and replicate the rule you devised.

Re: Trade conditions filters questions

Thanks for the reply much appreciated
for the second condition : When the green line  is above the red line and the price breaks through the green line

Re: Trade conditions filters questions

It looks like this:


[Opening Point of the Position]
     Bar Opening
     Enter the market at the beginning of the bar
     Base price  -  Open


[Opening Logic Condition]
     Moving Averages Crossover
     Fast MA is higher than Slow MA
     Base price  -  Median
     Fast MA method  -  Smoothed
     Slow MA method  -  Smoothed
     Fast MA period  -  5
     Slow MA period  -  8
     Fast MA shift  -  3
     Slow MA shift  -  5
     Use previous bar value  -  Yes

[Opening Logic Condition]
     Custom Moving Averages Crossover
     The Fast MA crosses the Slow MA upward
     FastBase price  -  Close
     SlowBase price  -  Median
     Fast MA method  -  Simple
     Slow MA method  -  Smoothed
     Fast MA period  -  1
     Slow MA period  -  5
     Fast MA shift  -  0
     Slow MA shift  -  3
     Use previous bar value  -  Yes


Custom crossover attached, put it in the Indicators folder and restart the program.

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Custom Moving Averages Crossover.cs 13.1 kb, 1 downloads since 2024-01-27 

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Re: Trade conditions filters questions

@Footon

Thank you

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