Setting Time specific market values
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Hi Folks,
I am trying to create a simple break-out strategy that is based on a set of bars at a specific time.I.e. At a given time; say 11AM I want to set a Hight and Low value from the previous 4 candles that if broken will trigger a trade in either direction.
Appreciate any help and guidance.
Crusty
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If you look in "Condition" block, in "Market properties", you can find this "Highest Price (Time Period)". I think this can give you the price you want. Also there is a "Lowest..." version. You decide whether to out trades or pending orders.
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Hi, that makes sense. But how can I tie it to a specific set of bars. Say 9:00, 10:00, 11:00.
Meaning as the trading day wears on, I don't want the value updated, until the same time the next day.
Does that make sense? -
No, I got it now. I can see that I can set a time period.
Perfect!