I have a project looking forward to your help
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This is a resistance and support indicator 0_1586340600408_SS_SupportResistance_v07.mq4 , you can help me create a block, provided that sell when the price hits resistance , and buy when price hits support. Thank you my friends
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@nguyen-duong you can see this tutorial part 3 and 5 and you can understand how you should work with custom indicator.
if you want other users created a logic for your EA you will cant resolve your problem.
https://fxdreema.com/forum/topic/9105/tutorial-working-with-ex4-ex5-indicator-fileyou starting for creating your strategy and if you have any problem just create a topic and i helping you
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Yes, thank you very much, I can find it in my index, it's mql4. but I don't know how to use the blocks so that when the price hits the resistance level it will enter the sell order, and the support level will enter the buy order. Can you create it for me? I will be grateful to you very much
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@xfire Yes, thank you very much, I can find it in my index, it's mql4. but I don't know how to use the blocks so that when the price hits the resistance level it will enter the sell order, and the support level will enter the buy order. Can you create it for me? I will be grateful to you very much
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I see you indicator dras rectabgles. What do you exactly mean by 'hitting' the resistance? Crossing the whole rectangle? Crossing just one side? If so, how much?
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@l-andorrà Hello, I want the price not to cross any support level, when the price touches a certain level, it will enter the order. Buy order when price reaches support level. And the sell order when the price hits the resistance level of the custom indicator, can you help me, thank you.
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Can you please define 'touches' and 'reaches'. Are theyu different actions or conditions. If so, whch settings (high, low, close, open price levels) are applicate to both of them?
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@l-andorrà said in I have a project looking forward to your help:
Can you please define 'touches' and 'reaches'. Are theyu different actions or conditions. If so, whch settings (high, low, close, open price levels) are applicate to both of them?
Yeah,
"Touches" is like a tap= Use Entry Limit
"Reaches" seems like go-through = Use Entry Stop -
@yarzu25 Thank you for your explanations but my experience says that every trader has a personal interpretation about those concepts. Mine and your are different for sure. I simply want to be sure about his.
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@l-andorrà Yeah, of course they are different understandings. I only made the presumption to get a reaction out of Nguyen sooner. It's not working.