Indicator Moves Within Limit Block / Price Action greater than 200 SMA
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Good Afternoon,
I am trying to add two different conditions to my EA, I am trying to use the Indicator Moves within limits block. However, if you have a recommendation for another block that would do the same process it would be greatly appreciated.
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I would like for the "Indicator Moves within limits block" to send a true signal (i.e. proceed to the next logic Block) if RSI is between 50 and 80 levels.
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If the 200 SMA is below price action candles by a certain width, then send true signal and proceed to the next logic block.
In this logic block, I attempted to use the " Price X > indicator" block.
Is this the correct logic path for implementing these requirements in my algorithm. Also Attached is a link to the the indicators and requirements for my EA file.
Thank you for any assistance.
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Thank you for you response. I will proceed with your recommendation.
How would you recommend implementing part # 2, a logic block to check if the last 3 candle sticks, (body and wicks) are above the SMA value of 200?
Thank you again @jstap
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@sprad I would use the loop, candle hi/lo above/below 200SMA, then check the minimum number of candles match, you can also use 3 condition blocks in a row to check candle1, 2 & 3 fit requirements.
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Ok, I believe I understand your recommendation.
Thank you for the Assistance.
@jstap