Feature Requests - Indicator Rise/Fall / Buy/Sell Spread

[drayzen]

Hi @fxDreema ,
Could you add the following options please?

• Indicator Rise/Fall - An additional option in the Indicator Rise/Fall blocks Consecutive rise/fall being where the indicator's value would be:
  Rise: C0 > C1 AND C1 > C2 AND C2 > C3 ...
  Fall: C0 < C1 AND C1 < C2 AND C2 < C3 ... as specified by 'Candles to rise/fall'.
  Preferably pips or value are not specified so it is simply a consecutive >/< rise/fall regardless of specific pip movement or value change.

• Buy/Sell Spread - An option in the Buy/Sell blocks to specify a maximum spread.

I know how to do a Spread condition block, it's just that it would save some time and blocks in multi-currency projects...

[fxDreema]

What if "Pips to rise" is 1 pip or something small like this?

There is a block "Spread filter" somewhere, you can put it on the top.
I'm not sure about having this thing in the Buy/Sell blocks directly, because this can prevent the Buy/Sell block to create the trade. Sometimes this can lead to confusion if the blocks above Buy/Sell are expecting that a new trade is created. For example, you can have "Once per bar" right above "Buy now" and the idea is that one new Buy trade should be created in the current candle. "Once per bar" passes, "Buy now" doesn't produce a new trade because of the spread, but "Once per bar" doesn't care - it will not pass again few seconds later when the spread is normal. So the strategy is now a little bit broken.

[drayzen]

• So if it's set to 1pip or the minumum value of the indicator (e.g. 0.0001), which is what I want it for, does that mean 1pip/0.0001 per candle?
  Reading the description, I understood it to mean the pips/value was for the entire range of candles. i.e. 1pip change over all candles.
  If it's actually 1pip/value change between each candle e.g. C0 0.0001 AND C1 0.0001 AND C2 0.0001 AND C3 0.0001 = 0.0004, then that's exactly what I'm after so all good!
  I think reading the description in the block for 'Candles to rise' is what had me thinking the pip/value was for all candles:
  This is the number of candles that participate into the calculations.
  When I read that, I assume that the input pips/value is for the entire range (C0 - C3).
  Maybe you could add an input ? descriptor for the 'Pip/Value to rise' input that states: This is the minimum pips/value change between each candle.

• Fair enough, don't want to break things..
  ok, found it under Time Filters, just didn't expect it there, I've been using a standard Condition block with Market Properties < Value.
  I think this should be under the Check Trading Conditions category.
  Is the Spread Filter block more efficient or less succeptible to error than using Condition in any way?

[fxDreema]

Well, the block is called "Indicator rise", so the idea is that the value for every candle is higher than the value of the previous candle. If you want some candle to be lower, then there is this "With exception of few candles" option.

So you can check the spread in a regular "Condition" block. I'm not sure whether the "Spread filter" block is slower or faster for the tester, because it has some more options, but you can test it and choose which block to use.