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    Distance From Block

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    • J
      JFlyer last edited by JFlyer

      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

      https://fxdreema.com/shared/KRJGCv1Ab

      jstap 1 Reply Last reply Reply Quote 0
      • jstap
        jstap @JFlyer last edited by

        @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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        • J
          JFlyer last edited by JFlyer

          Thank you jstap,

          Is this what it should look like?

          https://fxdreema.com/shared/8gLMxDIkc

          jstap 1 Reply Last reply Reply Quote 0
          • jstap
            jstap @JFlyer last edited by

            @jflyer Should work

            Learn fxDreema Without the Wait!

            My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

            The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

            Don’t miss out

            Click here➡️ https://mybook.to/fxDreema to get your copy today!

            Enjoy! 😊

            1 Reply Last reply Reply Quote 0
            • J
              JFlyer last edited by

              Thank you jstap

              1 Reply Last reply Reply Quote 0
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