How to use this block? NEW TOP and NEW BOTTOM in trend.
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Can anyone explain with images how to correctly use this block to detect an upward trend or a downward trend?
Basically I want to place a condition directing my Ea to release purchases or sales only if these blocks allow it. -
@fabiobioware first you need to know what conditions do you consider a trend and what do "you" exactly want the EA to do before choosing the block. Other than that, the block explains itself. If you click on the options like "min pips range..." or "trend quality...." you'll get a detailed explanation of what it exactly does.
The reason you need to think about what you want it to do first before choosing the block, is because you may have other options like using and MA indicator as a trend filter or zigzag and so on...
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@q8carpenter said in How to use this block? NEW TOP and NEW BOTTOM in trend.:
first you need to know what conditions do you consider a trend and what do "you" exactly want the EA to do before choosing the block. Other than that, the block explains itself. If you click on the options like "min pips range..." or "trend quality...." you'll get a detailed explanation of what it exactly does.
The reason you need to think about what you want it to do first before choosing the block, is because you may have other options like using and MA indicator as a trend filter or zigzag and so on...Hello, I consider an upward trend formation when I identify a pattern of:
higher tops and higher bottoms
for example see in the image below the NZDCHF asset in M1
(X) shows the bottoms and (O) shows the tops.
Note that a bottom is made with (X) and a top is made with (O) soon after it is detected an (X) higher than the previous one and an (O) higher than the previous one, this in my understanding already means a confirmation trend.How could I fit this into my EA?
An example that I wanted to give is the following regardless of the EA rule for buying and selling.When a condition similar to this was detected in the image, the sales block would be disabled.

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That is a complex group of conditions for the EA to identify. I don't think those blocks can do what you want. You will need at lest one independent tree of blocks just to identify that structure. It is not as simple as a single block can do, I'm afraid.
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@l-andorrà said in How to use this block? NEW TOP and NEW BOTTOM in trend.:
That is a complex group of conditions for the EA to identify. I don't think those blocks can do what you want. You will need at lest one independent tree of blocks just to identify that structure. It is not as simple as a single block can do, I'm afraid.
I agree, I am trying for example to create a sequence of conditions for this pattern to be interpreted as an upward trend.
I don't know how to make fxdreema understand the following, for example:
Check within 30 past candles
Identify 2 tops in these 30 past candles
Identify 2 funds 30 past candlesConfirm that: The last top is higher than the second top.
Confirm that: The last feature is higher than the bottom penultimate.Is it possible to do something like this? Do you have an example of how to do it?
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for example. -
https://fxdreema.com/shared/MJQgjZ9xe MY PROJETCT FOR THIS.

just for language reasons.
(TOP = TOP)
(FUNDO = BOTTOM)see how was my project.https://fxdreema.com/shared/kCZxSkM2
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WHEN THESE LINES ARE ALIGNED:
TOP1
TOP2
BACKGROUND1
BACKGROUND2this represents a sequence of what I said, top higher than the previous top and bottom higher than the previous bottom, indicating a possible upward trend at the moment.
It is configured the period of verification of candles from 1 to 10 for tops and bottoms 1
The candles verification period from 11 to 20 for tops and bottoms 2 is configured -
@fabiobioware try looking at the zigzag indicator and also indicator rise/fall block. Maybe they can help you get what you need to achieve
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there was a change here, before it was up and now down.
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Do you mean your lines are correctly drawn or not?
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You can use 3 candle swing points (3 bar fractal or even the standard 5 bar) as a reference point but I don't know how to put it together) see when price is in an uptrend u will find that the swing lows keep getting higher and the swing highs keep getting traded through & vv for a down trend, swing lows break while swing highs hold.. so ideally in a down trend you wanna sell when a swing high forms and in an uptrend you wanna buy when a swing low forms