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    Indicator Moves Within Limit Block / Price Action greater than 200 SMA

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    • S
      sprad last edited by

      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.

      1. 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.

      2. 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.

      https://fxdreema.com/shared/5meB7tyUb

      jstap 1 Reply Last reply Reply Quote 0
      • jstap
        jstap @sprad last edited by

        @sprad I have not used ind[icator moves within limits for a while but should work, you can also use 2 conditions indicator > value, connected to indicator < value, If you just want the cross a standard condition block will do it.

        You could also use a LOOP to count the candles from the cross.

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        • S
          sprad last edited by

          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

          jstap 1 Reply Last reply Reply Quote 0
          • jstap
            jstap @sprad last edited by

            @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.

            Learn fxDreema Without the Wait!

            My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

            The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

            Don’t miss out

            Click here➡️ https://mybook.to/fxDreema to get your copy today!

            Enjoy! 😊

            1 Reply Last reply Reply Quote 0
            • S
              sprad last edited by

              Ok, I believe I understand your recommendation.

              Thank you for the Assistance. 🙂 @jstap

              1 Reply Last reply Reply Quote 0
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