Triple Top Reversal
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Hi, having trouble trying to get an EA to put in a buy or sell when a triple top or bottom occurs. Can anyone help me out with this?
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@doctorninja Do you have any initial project to begin with?
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@l-andorrà ...I do...I'll post a screenshot. I don't know if this is the correct way to proceed or not...
I want for this to execute either a buy and buy limit or a sell and sell limit once price closes within an established range - determined by 2 previous highs or lows that are around the same price and are both either overbought or oversold on the RSI.
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@l-andorrà I'm thinking it may be easier to import a "box" indicator that forms around a range and then set the EA up according to when a candle then closes inside the range on the third high or low of the range. Thoughts?
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@doctorninja Well, I always recommend to use custom indicators doing as much work as possible. That allows you to focus on the strategy itself. I cannot recommend you a specific one right now doing what you need.
On the other hand the best way to share a project is by doing this:
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@l-andorrà Ok, thank you! Here is the link. Thank you for showing me this. Like I said, very new to this.
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@doctorninja Let's do it step by step. Ok?
- Remove both 'Trailing stop' blocks from thier current positions and use one only. Please note they are duplicated and they are loops. That no the way to use them. Take your now single block and connect it under a 'Pass' block in a separate tree.
- Now duplicate the buy/sell structure. Use two separate trees, one for buys only and another one for sells only.
Once done, share it again, please
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@l-andorrà Ok thank you! Will do and repost.
