• Registered: 2023-09-21
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Topic: How can I have an opening logical condition of price above 100 EMA?

I have a strategy that for a BUY, must have the price above the 100 EMA as an Opening Logic Condition
What should I use as an indicator?
Thanks
joseph

  • footon
  • footon
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Re: How can I have an opening logical condition of price above 100 EMA?

EMA means exponential moving average, therefore use Moving Average with exponential method with a period of your wish.

  • Registered: 2023-09-21
  • Posts: 6

Re: How can I have an opening logical condition of price above 100 EMA?

Thanks for your reply.
In the dropdown menu of the moving average indicator, what condition should i choose so that current price is above the EMA?
Thanks

  • footon
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Re: How can I have an opening logical condition of price above 100 EMA?

Bar opens above MA or Position opens above MA.

  • Registered: 2023-09-21
  • Posts: 6

Re: How can I have an opening logical condition of price above 100 EMA?

thanks for your help.
what is the difference between bar open above MA and position opens above MA ?
Thanks in advance

  • footon
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Re: How can I have an opening logical condition of price above 100 EMA?

No difference, actually.