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Date/Time: Sat, 30 Nov 2024 10:45:04 +0000



Post From: Need help with auto trade condition formula.

[2022-12-10 00:31:38]
hr719 - Posts: 25
Hey guys, would appreciate if anyone can help me. Currently using this formula that prints out a buy signal:

=AND(ID1.Sg15>0)

So signal works great but I'm trying to filter some trades out during the chop. So I built a moving average envelope that usually catches the chop and keeps the candles contained inside of it during chop.

So I would basically like for the auto trade trigger to take a trade based on the condition above but only when it exits the the top band of the envelope. If price is inside the envelope it should not trigger the trade even if the formula above triggers.

How can I achieve this?

Is there anyway I can combine so basically: Look for a signal, then look for the price exit of envelope, and only trigger the trade based on those two conditions. What would the formula be for this.

Appreciate any help guys!