@l-andorrà
Thank you! I hadn't seen or used that function yet and it looks like it is working now.
C
Posts made by craaiig
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RE: Checking if Price is Too Far Away from a Modified Baselineposted in Questions & Answers
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Checking if Price is Too Far Away from a Modified Baselineposted in Questions & Answers
Hi all,
After many times of finding super helpful existing forums, I have finally come upon an problem that I haven't been able to figure out a solution based on other people's forum entries. So I greatly appreciate all the help!I am trying to have my algo avoid trades if the price is already farther away from my "baseline" indicator by 1.0ATR + Baseline (i.e. for a BUY trade, if the baseline is 1.300 and the ATR is 120, then if price is greater than 1.300 + 0.120 = 1.42 the algo will not take the trade). Unfortunately it doesn't seem to work! My goal was to create a variable that was equal to the previous candle close + the previous candle. Then it would check price compared to this variable and only proceed if price was within the 1.5ATR of the baseline.
Below is a link for my current algo. I apologize for how messy it is, the items are labeled "Calculation and Check for price within 1.5ATR" at the bottom of the page. Any advice as to why this isn't working would be very appreciated!