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    Applied Price of Bollinger Band - which one to consider for candle id =0?

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      eajurms last edited by eajurms

      Hi members, I have greatly benefitted from fxdreema algo builder in the last 1 year, not only in terms of making side money but also the way I have learnt to think about candle execution, whatever chart or instrument that might be. So thankyou very much!
      Question: When candle high (ID=0)>high price of upper band of bollinger band, algo doesnt trigger a short trade, even though it works fine in simulation. Note, long is triggered as expected in live trade, but it doesnt close, probably because long will only close after short trade triggers as per block sequence. Its a very basic algo, screenshot attached below but understanding how algos work for candle id=0 will pave the way for greater discoveries, hopefully!
      0_1612303758222_04498890-cb33-4f76-ac53-73d6e96cb447-image.png

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        eajurms last edited by

        Hi @l-andorrĂ  , could you please reply when you get a chance. Thankyou.

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          biztet last edited by

          Hi @eajurms. I suggest you use these block.

          0_1612346744548_Screenshot_20210130_164424.jpg

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            eajurms last edited by

            Hi @biztet thankyou! Could you please advise what applied price should I use in Bollinger band lower band indicator, if I want to trigger a "long" trade the moment current price crosses below the lower band. There are 5-6 types of applied price available in the drop down menu and it's very confusing. Thanks

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              biztet last edited by biztet

              @eajurms ....and that is what you need to find out yourself, which setting you prefer the most. The block is just to make sure that something will happen by the time price crossing the upper/lower band.

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                eajurms last edited by

                @biztet thanks. I tried a few variations and for me, high price works the best. Thanks for taking out time to advise.

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                  biztet last edited by

                  Goodluck!

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