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Date/Time: Sat, 04 May 2024 03:42:25 +0000



Post From: Converting a Slope Study Alert into Buy/Exit

[2014-03-15 14:16:32]
Sawtooth - Posts: 3993
I would use a formula like this for signals at changes in the direction of slope:

K3:
=AND(AB5>AB4,AB3>AB4)
M3:
=AND(AB5<AB4,AB3<AB4)

If you want to always be in a position, leave L3 and N3 blank and set Support Reversals to Yes. However, this is not likely to be profitable so the conditions will need to be more sophisticated.