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    How to know the distance on chart?

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    • O
      onafets last edited by

      I would like to know the distance between the current price and an indicator on the chart.
      e.g. the current price is now 100pips from the 100SMA, do something.

      Do you know how to do so?

      Thank you in advance,
      s

      1 Reply Last reply Reply Quote 0
      • M
        miro1360 last edited by

        using formula block you can calculate .. but note, your output can be negative value ...

        Between trading and gambling is a very small gap, be careful.

        O 1 Reply Last reply Reply Quote 0
        • fxDreema
          fxDreema last edited by

          There is also one very underrated block called "Check distance". Even I don't use it very often 🙂

          O 1 Reply Last reply Reply Quote 0
          • O
            onafets @miro1360 last edited by

            @miro1360 with the scarce knowledge of mq4 coding for me, is a lost try. I am on fxdreema to avoid coding heheh. Thank you though

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            • M
              miro1360 last edited by

              you dont need coding in fxdreema ... as admin said, try Check distance block ....

              Between trading and gambling is a very small gap, be careful.

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              • O
                onafets @fxDreema last edited by

                @fxDreema said in How to know the distance on chart?:

                There is also one very underrated block called "Check distance". Even I don't use it very often 🙂

                I had a go at it but I don't seem to grasp the upper and lower levels and how relate to the distance in the "Check distance" block.
                Can I use your help? I would need to check the distance from current price and 50SMA. If bigger than 50 pips, draw an arrow.

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                • M
                  miro1360 last edited by

                  https://fxdreema.com/shared/uakkDpiJb

                  Between trading and gambling is a very small gap, be careful.

                  O 1 Reply Last reply Reply Quote 0
                  • O
                    onafets @miro1360 last edited by

                    @miro1360 thank you, miro
                    much apreciated

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