• Paul
  • New member
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  • Registered: 2010-08-18
  • Posts: 3

Topic: Help getting started

Hi - I'm wanting to develop a simple stategy that enters a trade at a specific time of day using the hourly chart.
It looks at the close of the candle 5 hours earlier and compares it with the opening of the candle 29 hours earlier. If the close is higher, go long - if the close is lower, go short.
Is it possible to do this with the Strategey Builder?

Thanks for your help.

  • Registered: 2010-04-26
  • Posts: 185

Re: Help getting started

What you asking is similar to MA Crossover with Sift.
I'm afraid you need to request this indicator.
Close Price - Xbar > Open Price - Xbar
Only Long (FSB has this logic)

Close Price - Xbar < Open Price - Xbar
Only Short (FSB has this logic)

Please, add your request  here: http://forexsb.com/forum/topic/1549/fsb … -features/