Posts made by MichaelsErnst
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RE: Custom Indicator Entry Problemposted in Questions & Answers
AMA_Trend_Type is nonzero: The difference between the current value of AMA (AMA[0]) and the value of AMA on the preceding bar (AMA[1]) is measured.
deltaAMA=AMA[0]-AMA[1]. The trend detection sensitivity is set in points as dK*Point.
If deltaAMA>dK*Point, then this is the uptrend, a blue point will be put onto the AMA line (as shown in the figure below).
If deltaAMA<dK*Point, then this is the downtrend, a red point will be put onto the AMA line.
AMA_Trend_Type is equal to zero: The array of AMA values on the latest PeroidAMA bars is taken and standard deviation StdAMA is calculated.
The trend detection sensitivity is set in standard deviations as dK*StdAMA.
If deltaAMA>dKStdAMA, then this is the uptrend, a blue point will be put onto the AMA line.
If deltaAMA<dKStdAMA, then this is the downtrend, a red point will be put onto the AMA line -
Custom Indicator Entry Problemposted in Questions & Answers
I am new to fxdreema; plz bare with me. I am using custom indicator -> AMA_optimized. For every move forward in the market a point is placed either blue or red for direction - I am looking to enter on the third point of the indicator for both sides(uptrend/downtrend). I have tried entry on candle ID '3' not getting the result and also 'AMA_Trend_Type' '3' not working also. How can I entry on the third point?


