08 Mar 2017
0 comment
0 attachment
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
Visit Link
What is a Snippet?
A snippet is a small, reusable chunk of code designed to solve specific tasks quickly. Think of it as a shortcut that helps you achieve your coding goals without reinventing the wheel.
How to Use:
Simply copy the snippet and paste it into your project where needed. Don't forget to tweak it to fit your context. Snippets are not just time-savers; they're also learning tools to help you become a more efficient coder.
AlgoAlex
Master
I usually let my code do the talking, which explains why my bio is as empty as a newly created file. Bio to be initialized...
Author’s Profile
Search Snippets
Showing some results...
Sorry, no result found!
Recent Snippets
How to Track Up/Down Cumulative Volume Inside Each Candle (Tick Volume Delta)
indicator
This snippet separates the real-time, intra-candle volume into up-volume and down-volume based on whether the last [...]
How to Create a Simple MTF Trend Dashboard with EMA and SMA
indicator
This indicator builds a compact multi-timeframe (MTF) dashboard that shows whether price is trading above or below a [...]
How to Display Per-Bar Volume Accumulation in Real Time (Intrabar Updates)
global
This snippet tracks and displays the current bar’s accumulated volume while the bar is still forming, instead of only [...]
Ticks Counter: Count Tick Updates Per Bar on Tick or Time Charts
global
This snippet counts how many tick updates have occurred for the current bar by incrementing a per-bar counter on each [...]
How to Build a Step-Based Trailing Stop That Moves to Break-Even First
strategy
This snippet implements a step trailing stop that advances in fixed increments once price reaches predefined profit [...]
Loading...