Baseline - NNFX question

[alfredinho50]

Does someone have a clue how to create a baseline condition? Im feeling lost.

[softkill21]

How do you want to use the baseline mate?
I am using a baseline, but to apply it on the candle and to get the price from the candle so then I can compare it with other indicators to see if its below or above the price. Is this something that you look for?

[l'andorrà]

Just curious. What is a 'baseline condition' exactly?

[alfredinho50]

@l-andorrà So i have a moving average, and to enter the trade, the close price must be between the value of the moving average + ATR for long, and -ATR for short. Im having trouble trying to put it all together.

[alfredinho50]

@softkill21 I want to use my baseline as per VP. If the close is between the baseline value + atr i want to enter the trade

[l'andorrà]

This will help:

https://fxdreema.com/forum/topic/9765/price-above-ma-custom-indicator

[alfredinho50]

I tried using somethin like this but it isnt placing trades

[l'andorrà]

Could you please share the link of your project? The image is incomplete.

[alfredinho50]

Thanks for the effort I finally resolved it using a couple of conditions.

[l'andorrà]

Good for you!

[T-Fah]

@alfredinho50 How did you manage to pull this off with conditions? im trying to figure out how you incorporate the candle close, the baseline and the ATR value all in one condition?

[l'andorrà]

@t-fah You cannot do that in one condition unless you code your own custom code block. As alfredinho said, more than one condition block is required to do that.

[T-Fah]

@l-andorrà @alfredinho50 i understand the multiple conditions. left condition is say the first condition with the close above the base line.

the right condition i dont understand how I would incorporate the close being with in 1 of the ATR.... is it something like below? feel like im close, but missing something....

[l'andorrà]

@t-fah Which are the exact conditions you need for a trade to be closed? How is supposed that ATR distance to be measured from?

[T-Fah]

@l-andorrà the idea is you enter a trade if the close of the candle is above the baseline, but no further than 1x the ATR value.

ie if the ATR is 10 pips, the close of the candle has to be within 10 pips of the baseline.

[l'andorrà]

@t-fah Then try this for buys:

You will need to inverse upper and lower levels for a sell.

[T-Fah]

@l-andorrà you bloody legend!! appears to be working like a charm. thanks bud!!

[l'andorrà]

@t-fah LOL, your very kind! You're welcome.