pullback

[mcvinbabas]

hi.. everyone can somebody make me a block thats price pullback to 50SMA its open buy.. thanks

[TipsyWisdom]

Do you want it to;
Buy or Sell?
Perform trade when price is crosses back above, cross below, or break even with 50 SMA?

[mcvinbabas]

@jsauter86 hi i want to buy when the price pullback to 50sma but the 50 sma is angling up

[l'andorrà]

@mcvinbabas In depends on your definition of 'pullback'. Can you please upload an image to show up?

[mcvinbabas]

@l-andorrà hi sir i want the condition of 50sma is angling up and when the price pullback it will buy

[jazzybhai]

he means that i think

[mcvinbabas]

@jazzybhai yes sir exactly

[l'andorrà]

@mcvinbabas Ok. This means a pullback is (for a buy) a candle with it low below the MA and its close above it. This arises a new question, how many candles are supposed to pass from the initial crossing to the pullback? This is important because in both previous images I see previous crossing that are apparently ignored.

Please don't get me wrong. I'm not trying to be annoyingly picky. I want you to notice that an EA needs a generally long list of extremely precise list of conditions to be executed. What we humans see easily on a chart is not necessarily easy to implement in an EA.

[mcvinbabas]

@l-andorrà yes i want the wick of a candle pierce the ma but it close above the ma then open buy the nxt candle

[miro1360]

take an inspiration from this quite an old example
https://fxdreema.com/forum/topic/4222/example-price-pullback-ea

[l'andorrà]

@miro1360 An excellent example, as usual.

[mehdi1404]

@miro1360 said in pullback:

take an inspiration from this quite an old example
https://fxdreema.com/forum/topic/4222/example-price-pullback-ea

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