Bollinger Band Problem
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I would like to open a buy if the lower part of a candle is below the lower bollinger band, but when I try that it only open when a candle is closed below the lower bollinger band. It seems to ignore the low of the candle.
I made a condition block looking like this:
Candle / Parameter: Candle low < Bollinger band. Applied price = Close price. Bands mode = Lower band.Shouldn't it be made like that to do what I want?
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There is option called >CandleID< under Candle menu... Ther must be "0" to get your current candle conditions.
Or you can try make it other way... chose "Market properties/(Ask,Bid,Mid)" not "Candle"... works almost the same. -
Well the candle ID is 0 as well.
It just seems to treat the bollinger bands wrong.
I was looking at the candles when building up in the strategy tester and it only place a buy/sell whenthe close of the candle is in that position. Not the hig/low. -
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Thank you. That is exactly what I did in the condition block.
But when I tested your one I found the problem. I had a "Once per bar" block earlier in the flow. That one was the problem actually.
So, thank you for opening my eyes to find the real problem.
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I think this one works better, I tested the first one that I posted it here, it didn't work that good during the high impact news with the candle moving up and down very fast, EA will execute trades over and over and at the same time close it over and over...
this one works perfect