Topics created by Luqmaan

Thank you so much jstap, with the link you shared, you helped me figure out how to use the slope of the macd levels (histogram bars). You helped me figure out something I have been wanting to do for a while for a bot to recognize or place trade when the macd levels are increasingly positive or increasingly negative or decreasingly positive or decreasingly negative. Screenshot (103).png

The blue arrow buys represent when the macd levels are increasing in the positive direction or increasingly toward the positive direction if the direction even though the macd direction is negative measuring the difference of macd levels from the 2 previous candles, previous candle and the current candle and the buy is placed right after the close of the current candle. Vice versa for red arrow sells placed when macd levels are increasingly in downward direction or decreasing in positive direction.
https://fxdreema.com/shared/s069sHGkd

https://fxdreema.com/forum/topic/4233/example-trendline-ea

Skip to 37:30 to see what im talking about

@roar thank u so mich, this is perfect. Exactly what i needed to know

@luqmaan maybe you can try ADX indicator to identify market trend strength

@luqmaan
You just need to add this condition above the others conditions which need to be satisfied to open a trade.
If you want to buy when MA5>MA20, then,
Before : If MA5>MA20 -> Buy now
Now : If MA5>MA20 and if ATR>0.002 -> Buy now

@luqmaan Here you can find useful info:

https://fxdreema.com/forum/topic/7958/buy-close-and-sell-close-issue/3

@l-andorrà said in Counting candles before buy/sell gets triggered.:

conditions

Ok well i can explain it to u and perhaps u can help.
I basically want to only buy or sell when 20/50sma line up with macd.

I might add more indicators and play around with it at a later stage. But i basically just wana understand the logic behind creating an EA that only trades when all conditions are in alighnment at "roughly" the same time.

Macd for eg is a lagging indicator.
So it wont line up with my SMA in most cases.

That means that there might be opportunity to buy or sell at that momment but it wont trigger anything.

If i can have a parimiter of lets between the last 5 candles starting from the current that at that range all indicators need to be true within that range, and then it triggers my buy/sell. That would be ideal.