Spot on SMA-level not next bar open

• 03/17/2021 at 5:30 PM #164511
  LASSETASSE

  I wish to trade when price touches sma as same value as sma , not next bar open.
  Ex. 30min timframe and if price is spot on (sma 20) LIVE, i want it to bye or sell
  Is this possible?

  

  LASSETASSE

  Participant

  Topics: 6

  Replies: 13

  Been thanked: 0 times
  03/17/2021 at 7:58 PM #164520
  robertogozzi

  You cannot if you only use the 30-minute TF.

  It’s possible if you use Multi Time Frame support. It will allow you to use also a lower TF, down to even 1 second, so you can detect that occurrence as soon as it happens.

  Searching the forum for MTF or Multi Time Frame, will return you videos, articles and examples about it.

   

  1 user thanked author for this post.

  LASSETASSE

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 18045

  Been thanked: 4611 times
  03/18/2021 at 10:06 AM #164565
  Nicolas

  You can also put pending orders on the SMA price levels: (LIMIT if you are above, or STOP if you are below).

  sma = average[20] if close > sma then buy at sma limit elsif close < sma then buy at sma stop endif

  1 2 3 4 5 6 7

  sma = average[20]   if close > sma then buy at sma limit elsif close < sma then buy at sma stop endif

   

  2 users thanked author for this post.

  Khaled, LASSETASSE

  

  Nicolas

  Keymaster

  Topics: 83

  Replies: 20906

  Been thanked: 4871 times
• Author
  Posts