Recording Maximum buy or sell candlestick sizes for a certain period.
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I want to register the largest size of candles since the first candle of the day and register whenever the size is greater than the size of the past.
Does anyone know how I can do this? -
well first wat is the reason you need to do this in ur strategy? there might be an easier way to do the same thing. i havent seen any blocks to do as you say
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@youngtreptrader The reason is quite simple.
I don't want my entry to be executed if the current candle size-based candle is too close to the size of the largest candlestick record found on the same day.
So if my robot gives a buy trigger it should analyze if the current candle (0) is reaching the maximum size of the candle that was found on the chart of the day.
If this happens, then he rejects the entry because he understands that there is some aggression in the buyer's price and he wants to get rid of this price competition. -
well i have used a similar filyrt but on the asset i want i would run back thru historical data manually and determine average largest candle over a series of days and weeks. and then input the average pip six in to one of the various singal candle blocks. they have multiple ways to filter candle spikes aat least three