Entry at cross of price line EA
-
Hi, may you please assist me here. I am looking into designing an EA that enters a trade at a certain resistance or support. I identify these resistance and support zones using price lines, for example lets say i want to enter a buy if candle crosses and closes above price 12500. This can be easily done by setting the condition to enter at that certain value, but how do i set the EA to enter trades at these price lines that a spaced by lets say 100 points. Meaning the EA must enter a Buy as well if the candle crosses and closes above price line 12600. The same thing must be done if the candle crosses and close below a price line. These price lines are spaced by 100 points. I want you to assist me to let the EA predict the next price line not for me to manually put all price lines that it needs to work on. It must predict that since the price is above 12600 now the next price line is 12700, next 12800 and so on
-
@vmaruziva That depends on how the first line value is inserted into the EA. Will it be manually or via custom indicator?
-
@l-andorrà First line value will be inserted manually. Thereafter it must do the rest automatically
-
many people dont know how to use fractals. This is a project where I might try to use "support and resistance" as simple up and down fractals.
-
@jsauter86 can you please show me an example based on the information that i have provided
-
@vmaruziva That is not a trivial project to do. Did you read the instructions pages to begin with?
-
@vmaruziva sorry i dont have the time these days to assist in creating
-
@l-andorrà Yes i did read the instruction pages but i just cant seem to get it right
-
please share what you have done so far, it will help someone to help you.
-
@jsauter86 ok but thank you for the effort though
-
@vmaruziva jsauter is right. Share your current project and I will help you.
