• Registered: 2010-05-18
  • Posts: 6

Topic: Question about logical condition (Rises and falls)

I don´t understand how works this logical conditions, rises and falls. How determine is long or short entry allowed, wen one indicator "rises" or "falls",
Please help,
Sorry about my english

  • Popov
  • Popov
  • Lead Developer
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  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 7,972

Re: Question about logical condition (Rises and falls)

The logic rule "Indicator rises" means that when the current indicator value is higher than the previous value, the program rises a buy signal. When the current value is lower then the previous, the program rises a sell signal.

The logic rule "Indicatior falls" is opposite - when current value is lower than the previous one, the program gives buy signal and when the indicator goes upwards, we have a sell signal.

You have to be careful when "Use previous bar value" option is on. In that case the signal is shifted on bar ahead.

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