Moving Averages Crossing by a Number of Pips
-
I am trying to execute a trade after two moving averages cross each other not immediately but as soon as they are 4 pips away from each other. I know that this can be done in the adjust field of the condition. My question is....
Do I use a positive value for crossing above and a negative value for crossing below? Please refer to the screenshot. Am I working correct?
-
@neo_me Yes negative is below positive is above.
Not sure if you can use the adjust for this although moving MA price up/dn 4pips would technical cause the cross to happen 4pips higher/lower, this may because of using candle 0, you could record the price into a variable and then use pink pips away to do something at the 4pips price but would think you can do this in the standard condition block.
Another thing you could do is use a loop to count the candles from the cross, when enough counted get EA to react.
