Pips From Extreme Issue

[cfabian]

I wan to filter a setup that passes only when current price is at 10 pips from current extreme.
I thought using ZigZag was a good option, and thus using the HH0 and LL0 values to get those extremes.
Now, I build a formula so that if price is lower than LL0 + 10 pips, then is in condition to open a trade.
Same for sells, but price higher than HH0 - 10 pips

This condition is filtering everything and does nothing. Attached is the example of the formulation.

https://fxdreema.com/shared/2p04EdB9

Please help

[Processman]

This works for me. Reload history data and try again ...

......
pipsex.gif

[fxDreema]

What you have in this Formula block is ZigZag + 10. And 10 is 10. Value => Numeric => 10. I mean, this is 10. 10 apples, not 10 pips. Not like 0.0010. Just 10, exactly 10.
In most cases indicators are giving you values like 1.23456 and when you add 10, the value becomes... guess what... 11.23456.

[cfabian]

__What you have in this Formula block is ZigZag + 10. And 10 is 10. Value => Numeric => 10. I mean, this is 10. 10 apples, not 10 pips. Not like 0.0010. Just 10, exactly 10.
In most cases indicators are giving you values like 1.23456 and when you add 10, the value becomes... guess what... 11.23456.[/quote:ki0q5y4y]

Thanks for this note. Will use "pips this value as is"

Now, if need to compare candle close value vs a determined price level, should I use value - numeric?

[fxDreema]

Try Value - Pips - as price fraction

Candle Close is value like 1.2345. On the other side you must have the same kind of value. Value -> Numeric is exactly as it's look like. If you put the value of 10 there, the value will be 10. Again, apples, not pips.