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    Topics created by money123456

    • M

      Limit Trades in zone above baseline Indicator defined by 1x ATR
      Questions & Answers • • money123456

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      T

      Hi @money123456 , see the NNFX template thread for the JMA with ATR indicator. However, I'm also thinking about the right way to use fxdreema blocks for the condition.

      Usually I'd expected to check closed price of candle ID1 if it is X> JMA value (for long trade). However, I think fxdreema works here a bit different with that condition.

      I found this example on EURAUD daily chart.
      0_1567536341863_Auswahl_510.png

      Candle (1) candle closed under JMA line .. that's okay. Candle (2) opened with a gap and hence fxdreema wouldn't find a valid condition. And finally for fxdreema logic candle (3) would give a valid long signal (ignore ATR linits here).
      The candle (3) opened above JMA line and closed above. But the low was below indicator line. I observed that fxdreema would if checked for condition closed price x> JMA value give a valid long signal.

      Hence I think that for checking the condition "closed above" intends that the open was below the indicator! Do you agree?
      Finally I have no clue yet, how to deal with the gap between candle 1 close and candle 2 open. Uusally I'd expect it to be a valid "closed above" by NNFX meanings. What do you think?

    • M

      NNFX Template File
      Questions & Answers • nnfx • • money123456

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      A

      @traderea6 yes

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