Pips Away from MA

[TipsyWisdom]

Hello Friends,
I am trying to draw an arrow on my chart when the last 30M candle low is below the 50SMA, less 400 pips.

Another way to say; draw an arrow when on a 30M chart, the price goes 400 pips below the 50SMA.

[MrDaisyBates]

First off, pips or points? 400 pips is a toonnnnnn of movement on a 30 minute chart with Forex.

There might be an easier way, but I'd use the formula block, subtract the pips off of it, store it in a variable, then add a condition block immediately after it that does "Candle Close <= Variable"

Then add a "Draw" command after it and specify what you want it to draw and where you want it to be drawn.

[TipsyWisdom]

@cdwilder1

I think I mean 40 pips, aka 400 Ticks...thanks. Ill respond back if its not acting like I expect.

[TipsyWisdom]

@cdwilder1 thank you, i was missing "as price fraction"

[MrDaisyBates]

@jsauter86 No worries, bud!

[OD]

@cdwilder1 Nearly similar issue here I need some help with an EA where trades are opened manually after a blink chart signal...how can one set another blink signal when price moves 10 pips away from last blink ?
In other words I need a chart to blink every 10 pips in after the first blink on trade or not.

[l'andorrà]

@od It depends on how your 10 pips distance is configured now. Can you please share your project?