Looking for an alert (options either sound, chart arrow up and down, email alert) when the current candle (call it candle 3) closes (i.e. not wicks but close) either above or below the closes (i.e. not wicks but close) of the prior two candles (call them 1 and 2).
For a move down either candle 1 or 2 must have been a positive close candle. For a move up either candle 1 or 2 must have been a negative close candle.
I have the above as a filter to get turns in market and resumption of trend. Otherwise every candle in a move would signal.
I'll attach some charts with arrows up that show candle 3 closes above the close of 1 and 2. Arrows down for closes below the close of 1 and 2. The red lines are for the closes of candles 1 and 2.
These are perhaps for later.
For a move down either candle 1 or 2 must have been a positive close candle. For a move up either candle 1 or 2 must have been a negative close candle.
I have the above as a filter to get turns in market and resumption of trend. Otherwise every candle in a move would signal.
I'll attach some charts with arrows up that show candle 3 closes above the close of 1 and 2. Arrows down for closes below the close of 1 and 2. The red lines are for the closes of candles 1 and 2.
These are perhaps for later.
- option for live trade. I'd only want to take trade when price goes beyond the candle high for buys and low for sells.
- a watch list for currencies that comply with above rules.
Thanking some kind programmer in advance.
Cheers.