ProRealCode - Trading & Coding with ProRealTime™
08 Mar 2017
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This ProBuilder code snippet demonstrates how to check if two conditions are met within a specified number of bars. This is useful for analyzing patterns or criteria that occur close together in a financial chart.
if summation[x](c1) and summation[x](c2) then
Explanation of the Code:
The code uses the summation function combined with a conditional if statement to check two conditions over a range of bars defined by x.
- summation[x](c1): This function checks if the condition c1 is true at least once within the last x bars.
- summation[x](c2): Similarly, this checks for the condition c2 within the same range of bars.
- The if statement then evaluates whether both conditions c1 and c2 have been true at least once in the past x bars. If both conditions are met, the code inside the if statement will execute.
This pattern is particularly useful in scenarios where the relationship or occurrence of two events within a specific timeframe is crucial for decision-making processes.
Related Post
Check out this related content for more information:
https://www.prorealcode.com/topic/2-conditions-for-order-how-many-bar-between-the-2/#post-69729
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