Candle Open below RSI 70 - Candle close above RSI 70.

[Telfordstarb]

I used to know how to do this but i think im having a blonde moment... for the last few days.

I want to enter a trade once the RSI value crosses the 70 value.
But i only want to enter if the candle that breaks the 70 value closes above the 70 value.

Otherwise the EA just enters trades everytime the RSI goes over the 70 value, Which is not ideal as im only after the candle that broke and closed above the 70 level.

Any help would be great. I made an EA using this before but forgot how to do it.

I think i somehow made it so ''Candle ID 1 Open below RSI14 value 70'' '' Candle ID 1 Close above RSI14 value 70''

But i cant seem to find the blocks i used. But as you can see above im not looking for the EA to enter everytime the RSI goes above 70 as it may wick and reject.
I am looking for the candle to break it and then close above it to be the entry.

Thanks in advance

[Telfordstarb]

Any help would be huge! I keep trying the condition block to say ''Candle. ID 1. Open - crosses - RSi 14.
But i cant seem to wire it right so that it allows me to set the value for the rsi that i want it to cross.

No matter how i look at it i must be missing something. I can identify the Candles open and close but cant get it to

''Candle open below X RSI value, Candle close above X RSI value.

That way i could filter out any false signals from a spike or test of a RSI X value.
as it wont just enter everytime the RSI value crosses X.

[tpt]

Hi,

Is this what you're looking for?

[Telfordstarb]

Thanks for the answer but no, With that it will open a trade everytime price is above 70.

Ill see if i can put a image up to help my terrible explaining lmao.

So candles can go above the RSI 70 then come back below it regardless of it closing.
Im after a way so that it only enters a trade once its closed above 70. Only 1 trade too.

Well im looking for 50 value, not 70 but let me link a pic so you can see.

[Telfordstarb]

so the first red circle shows how if i had it set to ''RSI above value 50'' i wouldve had HEAPS of false signals that the EA wouldve entered. However if (like the other two circles) price was to Close above then be recorded it would only enter once price has closed above it and not just wicked.

Am i being blonde?? I have a feeling i am lol

[tpt]

Are you looking to get in only when the price closes bullish above the 70 value?

[Telfordstarb]

@tpt Im looking to only get it above X value (lets say 70) When the candle actually closes above the X value (70)
im looking for 1 trade on the close above and thats it

[tpt]

Then use the 'no trade' block that'll stop running the loop once there's at least one active trade on your account.

[Telfordstarb]

but price often pushes the RSI above 70 only to instantly pull back, Meaning the EA wouldve entered in the buy even though after the close it the rsi shows it never went over 70 value, Mainly due to it following the current price and not just its close. Im looking for it to only register the 70 value if the current candle has closed above the 70 and not while the candle is running.

apologise if im being an idiot. I remember setting it a while ago and had to use a Candle open below rsi 70 and candle close above rsi 70 then enter

[lucky930]

I think I can help on this. Can you ping me on telegram.
My ID is @ramonoid . Please mention that I contacted you on FxDreema.

I can try to screenshare and also let you see how its done.

[gorilla-space]

If been looking for the same answer. Have you managed to find a solution, yet? If so, I'd be glad if you could share it! If I find something first I'll let you know of course.