I want my EA to only be able to by when price is inside a manually added rectangle, is this possible?

[joemarkey6]

Hi all, I keep on learning how to use FXdreema but cant work out how to do this, when you look at a chart the support and resistance sometimes seems obvious, I would like to be able to draw a rectangle on the chart manually which will allow my EA to continue only if the price is inside the rectangle,

Please keep it simple,
any advice please?

[bk7]

@joemarkey6
the simple answer is, yes it is possible!

just think about a naming of the rectangle and a color read price coordinates of that and simply check if the price is within that price range, done!

[joemarkey6]

HI bk, thanks for the quick reply, so I drew a rectangle on my chart, in the properties its named "H1 Rectangle 49033", what kind of block would I use to check if market properties(price) is within the rectangle, or which block do I use to get the rectangle properties, thanks for the help

[l'andorrà]

@bk7 Are you sure it is so easy? I don't find the way for the proce to distinguish the left and right ends of the rectangle. I can understand how upper and lower ends can be identified bt price level, but not the other two. Can you please share the way to get that info?

[bk7]

@joemarkey6
loop for objects store prices in variables
you could check if current mid is above the low of the rectangle & mid is also below the high of the rectangle -> done

the name of the rectangle would have to be all time the same or you go with a specific color.

@l-andorrà
simply store the times to a variable
the higher value is the end
the lower value is the start
current time has to be within the start and end

does this answer your questions?

[l'andorrà]

@bk7 Interesting. Didn't consider storing time as the equivalent for price for the upper/lower levels. Thank you very much.

[joemarkey6]

Thanks for keeping the info coming, id put this on the back burner but im going to try again

[joemarkey6]

Ok, I put a few blocks together but I cant test it yet as my laptop is in for repair and i'm using a fake chromebook, am I on the right lines with what I put together so far?

I'll need to draw a rectangle to test it.

https://fxdreema.com/shared/GfsNjpg3b

[l'andorrà]

@joemarkey6 Blocks 3 and 8 are innecessary. Otherwise it should work.

[joemarkey6]

@l-andorrà @bk7 so i tested it, the rectrangle high and low blocks are working but the time blocks arent, any ideas?

[joemarkey6]

have I stored the time variable incorrectly?

[l'andorrà]

@joemarkey6 Time stamp variables should be of a 'string' type. Are they?

[joemarkey6]

@l-andorrà I think you're right, when I compile it on metaeditor I get this message "implicit conversion from 'number' to 'string" Im not familiar with strings at all, what type is a string type? is it a setting in the block?

[l'andorrà]

@joemarkey6 No. You just need to modify your variable's settings this way:

[joemarkey6]

great thanks, ill try it out and let you know how it goes

[joemarkey6]

@l-andorrà @bk7 I made the changes but still have the same issue, I think I did something wrong in blocks 12 and 13, any ideas? cheers

green rectangle entry