Dear All,
I am using stochastic Oscillator Indicators. Already i am using this expert with my formula:-
a:=mov(stoch(39,1),1E);
b:=mov(stoch(39,1),1E);
Cross(a,REF(b,-1))
This Above Formula will give Buy / Sell Signal when Stochastic Oscillator CrossOver.
But I want Buy Signal If When Market is Continuing in Stochastic Oscillator Crossover Above Level then we should find Which First Candle high is breakout Previous Candle High+5 ( After Stc Cross over Above Level).
Example :-
CANDLE 1 : High = 5000 (Assume This is Sts.Crossover Candle)
CANDLE 2 : High = 5004 (5000+5 = 5005)
CANDLE 3 : High = 5001 (Here we take pre.High + 5. (5004+5 = 5009)
CANDLE 4 : High = 5007 (5001+5 = 5006) Here High Breakout. (HERE WANT
BUY SIGNAL IN PRE.CANDLE . After this BUY signal we dont get
again BUY or SELL Signal up to next Stc.Crossover Below Level)
CANDLE 5 : High = 5018 (No Signal)
CANDLE 6 : HIGH = 5010 (No Signal)
CANDLE 7 : High = 5050 (No Signal)
CANDLE 8 : Low = 4080 (Assume Here Sts.Crossover Below Level)
CANDLE 9 : Low = 4078 (4080-5 = 4075)
CANDLE 10: Low = 4072 (4078-5 = 4073) Here SELL SIGNAL
Help Me ...
I am using stochastic Oscillator Indicators. Already i am using this expert with my formula:-
a:=mov(stoch(39,1),1E);
b:=mov(stoch(39,1),1E);
Cross(a,REF(b,-1))
This Above Formula will give Buy / Sell Signal when Stochastic Oscillator CrossOver.
But I want Buy Signal If When Market is Continuing in Stochastic Oscillator Crossover Above Level then we should find Which First Candle high is breakout Previous Candle High+5 ( After Stc Cross over Above Level).
Example :-
CANDLE 1 : High = 5000 (Assume This is Sts.Crossover Candle)
CANDLE 2 : High = 5004 (5000+5 = 5005)
CANDLE 3 : High = 5001 (Here we take pre.High + 5. (5004+5 = 5009)
CANDLE 4 : High = 5007 (5001+5 = 5006) Here High Breakout. (HERE WANT
BUY SIGNAL IN PRE.CANDLE . After this BUY signal we dont get
again BUY or SELL Signal up to next Stc.Crossover Below Level)
CANDLE 5 : High = 5018 (No Signal)
CANDLE 6 : HIGH = 5010 (No Signal)
CANDLE 7 : High = 5050 (No Signal)
CANDLE 8 : Low = 4080 (Assume Here Sts.Crossover Below Level)
CANDLE 9 : Low = 4078 (4080-5 = 4075)
CANDLE 10: Low = 4072 (4078-5 = 4073) Here SELL SIGNAL
Help Me ...
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