Gap greater than 0.7%

• 07/04/2020 at 5:35 PM #138404
  Oliviertrader2020

  Hello, I would like to create a condition when a gap of more than 0.7% (between the previous day’s closing and the opening of the day) appears on the market.
  My goal is to make it a condition to program a strategy that will only take trades with Proorder on directional days with large gaps, and extreme openings with volume.
  I was able to code a gap indicator but as soon as I try to put a % variation it doesn’t work.
  Can someone help me?

  Gap greater than 0.7%

  C1 = variation (dopen(0) > dclose(1))* 0.5

  1	C1 = variation (dopen(0) > dclose(1))* 0.5

  

  Oliviertrader2020

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  07/04/2020 at 6:38 PM #138410
  Oliviertrader2020

  Small error

  C1 = variation (dopen(0) > dclose(1))* 0.7

  1	C1 = variation (dopen(0) > dclose(1))* 0.7

  

  Oliviertrader2020

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  07/04/2020 at 7:14 PM #138411
  robertogozzi

  VARIATION cannot be used because it makes the difference between the same price on different candles. Also you used a logical value instead of a price.

  Try this:

  x = dopen(0) - dclose(1) y = x * 100 / dclose(1) C1 = (y >= 0.7)

  1 2 3

  x   = dopen(0) - dclose(1) y   = x * 100 / dclose(1) C1 = (y >=  0.7)

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  Oliviertrader2020

  

  robertogozzi

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  07/04/2020 at 7:21 PM #138413
  GraHal

  Roberto beat me to it and I’ve no doubt did it correctly! 🙂

  Mods

  this post can be deleted please

  ­robertogozzi: let’s keep it

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  GraHal

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  07/04/2020 at 8:05 PM #138418
  Oliviertrader2020

  Thank you so much @robertogozzi and @GraHal !

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  GraHal

  

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