price closes more than 5 points higher than N candlesticks ago

• 12/12/2020 at 12:13 AM #153450
  CapnCrunch77

  Hello folks,

  Does anyone know how to express points move in code?  for example, if a price closes more than 5 points higher than N time frames ago, I want to see a signal (the latter I know how to do, it’s the first part which I’m struggling with!)

  Thanks

  

  CapnCrunch77

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  12/12/2020 at 12:34 AM #153452
  robertogozzi

  Variable Cond will either be true (1) or false (0):

  Cond = close > (highest[5](high[1]) + 5 * pipsize)

  1	Cond = close > (highest[5](high[1]) + 5 * pipsize)

  actually any value <> 0, not just 1, is considered to be true.

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  robertogozzi

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  12/12/2020 at 9:15 AM #153459
  Vonasi

  Roberto’s code will return true if the current close is 5 pips higher than the highest high in the last 5 candles. If you just want it to be 5 pips higher than the close 5 candles ago then you need to use:

  Cond = close > (high[4] + (5 * pipsize))

  1	Cond = close > (high[4] + (5 * pipsize))

   

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  Vonasi

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  12/12/2020 at 3:57 PM #153504
  CapnCrunch77

  Thank you both!!

  

  CapnCrunch77

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