Distance From Block
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Hello
I have a strategy to go short when a moving average is declining and there is a pullback as depicted by Stochastics pulling above 80 and then a bearish cross down below 80.I'd like to enter the short only when the closed price is within 30 pips +/- the moving average. Is the setup I have in the link correct for using the 'Distance From' block?
There are more moving parts to the strategy, but what is shown is he basic setup for the 'Distance From' block that I've come with.
Thank you,
John -
@jflyer Put the value as a price fraction, if you put absolute distance hi or lo will be clased as distance away so you could remove a check distance block, you don't need the or block if one was false and the other true, then the false wouldn't pass.
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@jflyer Should work
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Thank you jstap