Hi,
I was trying to develop Buy Sell system for failed breakouts. Condition should be something like this:
1. Price opens above/ goes above certain important price level, say EMA 34
2. If Price falls back below certain level, say EMA 21 after going above EMA 34, then give a sell signal (down arrow) and vice versa.
For sell signal, it should check only previous crossing of price above the EMA 34.
Can anyone help me with the code?
Rythm
I was trying to develop Buy Sell system for failed breakouts. Condition should be something like this:
1. Price opens above/ goes above certain important price level, say EMA 34
2. If Price falls back below certain level, say EMA 21 after going above EMA 34, then give a sell signal (down arrow) and vice versa.
For sell signal, it should check only previous crossing of price above the EMA 34.
Can anyone help me with the code?
Rythm