Topics created by fxdreema_acc

But what if price at this moment is at a place where one or more of those moves is not possible. I mean when are those SL moves supposed to happen exactly? When a 4th trade is opened? Later?

@fxdreema_acc If that that is a channel, you will need this block:

01.png

And as sktsec said, you will have to select two candle sticks to define it.

That is not a trivial thing to implement. You will need to identify those supports/resistances from the zigzag first and then plot the line. Can you do any of those things now?

Hi

Need some more information!

However, from the question, I would think you are talking about when,
EMA either is below or crosses other EMA
and
when RSI is either below or crosses a level.

Here is a very basic example and I hope I understood your question correctly.
https://fxdreema.com/shared/AA46rdJue

Merely change block 2 and block 3 around for EMA to be first condition and RSI second condition.

I might be incorrect, but 1 condition doesnt have to ( <x ) as this is ( cross over ), you could merely use ( < ) as 1st condition should be "below"
and then 2nd condition ( <x ) "cross below"

Eample link explained:
When RSI is ( < ) "below" level 30
and
50EMA (<x ) "crosses below" 200EMA open buy trade.

I hope this helps a little, I'm still new here, sorry if this is not what you were looking for.