Quick questions about 'Indicator rise' block
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I recently discovered the Indicator rise/fall block and I find it very interesting. Before trying it I woud like some additional info about how it works.
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About the 'Rise mode' option. If I understand it correctly, when I choose 'Rise with pips' the condition for the block to pass is that the MINIMUM (not the exact) pips to be considered is the number inserted at 'Pips to rise'. Right?
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Now if I choose the 'Rise with certain value' option then the MINIMUM (not the exact) value of the indicator to be considered will be the number at 'Value to rise'.
Before the final question let me put an example. I choose that candle 0 and the previous 2 ones must be considered for the indicator to rise at least 1 unit. This is how the block should be configurated, right?
- Now the final question about section 'When to pass the block?'. At the top of my EA there will be a 'Once per bar' block that will run it at the beginning or every bar. Then I guess I should choose the 'Pass mode' option 'Pass once when true'. That way I'll be sure that this block will pass if its condition is applicable at the beginning of every bar. Is that correct?
Thank you very mych in advance.
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Wow, nothing is exact when it comes to prices. I always say that no one should use "==" in the Condition block when comparing two prices. The same goes here. This is the minimum amount of pips.
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This is similar, but not measured in pips. Some indicators have their values that cannot be compared with the price, for example between 0 and 100. Use this option for these indicators. For MA you can also use it. but I think you should enter values like 0.0010 (for 10 pips).
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I think that back then I wanted to somehow include the "Once per bar" block into this one, but I'm not sure how well I did it. I often think that I should take a second look at this option, because I don't know how useful it is. But I think it is explained - http://prntscr.com/ieum0h If you want to have "Once per bar" at the top of the block, better use "Once per bar", because this option is obviously something that is checked at the output side.
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Ok. Thank you.
