Help on getting 25% of bar range
// For long trade if(iClose(NULL,0,0) >= (0.25 * ( iHigh(NULL,0,0) - iLow(NULL,0,0) ) + iLow(NULL, 0, 0)) // OpenBuyOrder if(iClose(NULL,0,0) <= (0.25 * ( iHigh(NULL,0,0) - iLow(NULL,0,0) ) - iLow(NULL, 0, 0)) // OpenSellOrder
I think you don't need =
You are working with open bars, you do realise that?
if(iClose(NULL,0,0) <= (0.25 * ( iHigh(NULL,0,0) - iLow(NULL,0,0) ) - iLow(NULL, 0, 0)) // OpenSellOrder
I don't think that this works as it will certainly return a negative value
Also, as I am not sure exactly what you are trying to do, you may get both a buy and sell order from the same bar
You are working with open bars, you do realise that?
I don't think that this works as it will certainly return a negative value
Also, as I am not sure exactly what you are trying to do, you may get both a buy and sell order from the same bar
Hi @Gumrai basically my signal for a trade is to buy if the close of the previous bullish bar is 25% of the it's range and sell if its a bearish bar. Having said that the code snippet should have been.
if(iClose(NULL,0,1) >= (0.25 * ( iHigh(NULL,0,1) - iLow(NULL,0,1) ) + iLow(NULL, 0, 1)) // OpenBuyOrder if(iClose(NULL,0,1) <= (0.25 * ( iHigh(NULL,0,1) - iLow(NULL,0,1) ) - iLow(NULL, 0, 1)) // OpenSellOrder
I think you don't need =
that's what I figured will give that a try thanks @deysmacro
that's what I figured will give that a try thanks @deysmacro
Just remember. It is either >= and < or <= and >
Any combination is OK but never both <= and >= because if both are true, something wrong could happen real fast. I learned that the hard way.
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Hello my trading logic requires to check if the close of the bar is equal to 25% of the bar's range. Can somebody check if I am doing it right? below is a snippet of my code
Although this is working okay I just want to get some advice if there's a better way of doing it :)
TIA