PIPS FILTER AND PIPS DISTANCE NOT WORKING

[Musa 5]

Hey Guys,

I have the below project.
I have two challenges.

1. it is set to buy or sell 20 pips on either side of the candle open- this is not working.
2. it is set to only get into trade if spread is below 10 pips.- this is not working.

kindly assist.

shared/UAqItjJYc

[dadilula]

you cannot set this condition on a candle that is still in progress, the "candle 0" is the candle being created so the "candle closed" value will not exist until this candle changes the ID to "candle 1"

[dadilula]

the TP does not fit into the condition, but into BUY NOW and SELL NOW

[Musa 5]

@dadilula OpEn price for candle zero is already defined and close price is the current price.

[Musa 5]

@dadilula +20pips is meant to be distance form open price only where a trade can occur. Please read my query to see my challenge.

[jstap]

I am quite sure a space is needed between number and pips, like +20 pips

[Musa 5]

@jstap I suspect it would see "pips" as a separate variable.

[jstap]

@musa-5 pips can be used with a variable/constant like this "+[variable name] pips" put into the adjust box.

[Musa 5]

@jstap thanks. let me try this and revert.

[Musa 5]

@jstap please advice me on the difference between '+5 pips' and '+5' setting on adjust.

[jstap]

@musa-5 This depends on what you are adjusting, if you add 5 when you want to add 5 pips your adding a lot, most forex pairs 5 pips is 0.0005.

[Musa 5]

@jstap if I take for instance 0.0001 and and 5 pips, it should be 0.0006? And if I add 5, will it be like 5.0005?

[jstap]

@musa-5 Yes, using pips sorts the difference in assets

[l'andorrà]

@musa-5 That will depend on the pip size rules selected in your project: