simple top/bottom in a series of candles
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Hello,
I would like to ask for some help please.
I want one simple EA to be able to recognize a new top or bottom in a series of candles. No calculations, no fancy stuff, just to give a signal when a new top/bottom has been reached in a series of n candles.
I thought that "New top/bottom in trend" would solve my issue but I think that these blocks don't work like that.
My coding skills are close to 0.
Is there another indicator that I missed or another way to achieve this, maybe with variables?
Thank you,
ALE: never mind, i found in the mean time. the solution is in condition block i need to put price > or < 'market properties' and select 'highest price' or 'lowest price' and the candles ids.
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@akulus Yes, that is true for a given number of candles to look back. If that's not clear, you might watch for Higher High Lower Low indicatro for instance (don't recall the name HHLH or something like that). Or you get some insides on fractals.
Others like zig zag indicators are lagging until the high or low is confirmed.