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Date/Time: Sat, 04 May 2024 02:01:23 +0000

Post From: coding question

[2018-03-04 11:27:17] Link To Thread - Link To Post [Go To First Post]
User924725 - Posts: 26
hello @tomgilb any ideas on how we can expand the alert you gave with one more condition? i use kelnter bands so the above code is similar what i would like to add to the above code is taking a (long described on the conditions you gave) ONLY when upper kelnter band is pointing up. with this way we eliminate signals taken when ketner bands are flat(RANGE MARKET) or moving down(DOWNTREND). I tested the code you gave above. On an UPTREND is working well for a small profit BUT when we are in RANGE-Consolidation then false signals taking place. So if we could also add the condition i asked above with the keltners the false signals are eliminating. A good addition to eliminate more false signals would be to add a condition for a MOVING AVERAGE Based on slope. AND also set a stop for Longs taken at lower keltner and a fixed target for exit with limit order. See below the image to give you a better idea Keltner banks are with blue Moving Average is yellow AM I ASKING TOO MUCH?? :)


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