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Date/Time: Sat, 30 Nov 2024 00:44:57 +0000



[User Discussion] - Spreadsheet System for Trading Study - help request for formula

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[2022-12-29 23:57:23]
Shawn J - Posts: 32
Hi there. In regards to the Spreadsheet System for Trading study, I have AA3 as the specific price level. I want a short entry to trigger when the current candle's last E3 goes above AA3 and then goes below AA3. Would somebody help me with writing a formula for this short entry, please? Thank you very much.

Shawn
[2022-12-30 15:05:34]
Sawtooth - Posts: 4123
The simplest would be this:
=AND(C3>AA3,E3<AA3)

You could also require a crossover of the Close from the previous bar:
=AND(C3>AA3,CROSSFROMABOVE(E3:E4,AA3:AA4))

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