price closes more than 5 points higher than N candlesticks ago

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12/12/2020 at 12:13 AM #153450 quote

CapnCrunch77
Participant

Junior

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

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

Master
Variable Cond will either be true (1) or false (0):
```
Cond = close > (highest[5](high[1]) + 5 * pipsize)
```
actually any value <> 0, not just 1, is considered to be true.

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

Master
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))
```
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12/12/2020 at 3:57 PM #153504 quote

CapnCrunch77
Participant

Junior

Thank you both!!
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price closes more than 5 points higher than N candlesticks ago

ProOrder: Automated Strategies & Backtesting

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CapnCrunch77 @capncrunch77 Participant

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Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	12/12/2020
Status:	Active
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