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Date/Time: Sun, 05 May 2024 03:50:40 +0000



Post From: Trading System Alert - use AVAP and BVAP comparison calc for entry confirmation

[2023-06-02 10:59:57]
Dean Roberts - Posts: 79
Hi All

Do you know if it is possible to combine a calculation in a 'Trading System Based on Alert Condition' with a trigger entry level using a band added to a level?

So, am using a crossfrombelow/above to create a buy/sell when a band is placed 12 ticks away from a VWAP line. Could I have a check on there to say if BVAP<>AVAP by a particular percentage then enter the trade?

i.e. =AND(CROSSFROMABOVE(L,IDvwap+12ticks), BVAP>=AVWP*1.5) - I'm terrible at code so I'm sure that is wrong but I am trying to enter a buy order if candle low crosses the band I have added to VWAP (12ticks in this case) and Bid volume is above Ask volume by 150% of Ask volum.

Hope that makes sense

Cad