Question about "INDICATOR MOVES WITHIN THE LIMITS"
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Hi,
I have a simple question to understand better about the "INDICATOR MOVES WITHIN THE LIMITS" block's parameters;
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Period starting from candle = If we put it here for example "1", this is just the previous candle from Candle ID = 0. Correct?
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Period of how many candles? = If we write here, for instance "10", is it previous 11(=10+1) candles or just 10 candles from Candle ID=1 to be checked by the block?
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With exception of few candles = If we have 10 candles to be checked for the upper and lower limits and we put "9" to this parameter. Does it mean that only one candle is enough within the limits is enough in order to pass this block?
Thanks.
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Yes, candle 1 is the one on the left side of the current candle, the previous candle.
This block works with values from multiple candles, so 10 means that the values from 10 candles will be checked. Not only candle 1 and candle 11. If I'm not wrong, values from candles 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 and 11 will be checked.
Exception of few candles... Yes, this is if you want to allow the rules to fail for few candles