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Combined value of two different indicators being an exit

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ProOrder: Automated Strategies & Backtesting
Combined value of two different indicators being an exit

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11/15/2024 at 5:40 AM #240390 quote

Kovit
Participant

Senior

Hi guys,

Is it possible to add the different values of two indicators together to use the increasing or diminishing values between them as an exit for a strategy I was thinking maybe ADX and something else along the lines of if

ADX a = close

indicator b = close

exit strategy when the combined value of a +b is more or less than the previous close.

If possible would this need to go into an array?

Thanks in advance for any help with this.

11/15/2024 at 9:37 AM #240392 quote
Iván González
Moderator

Legend
Hi! Yes, you can add two or more indicators.
```
a=adx[14]
b=rsi[14](close)
c=a+b
```
It’s not necessary create an array, just a new variable.

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Combined value of two different indicators being an exit

ProOrder: Automated Strategies & Backtesting

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Kovit @kovit Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by Iván González
1 year, 10 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	11/15/2024
Status:	Active
Attachments:	No files

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Combined value of two different indicators being an exit

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Combined value of two different indicators being an exit ProOrder: Automated Strategies & Backtesting

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Combined value of two different indicators being an exit

ProOrder: Automated Strategies & Backtesting