Buy Sell MTF High Low Break

Hi,

Can someone help me out here if possible, I have tried to code an indicator to print "BUY" or "SELL" Signal in experts tab to say if price has broken previous hours area, for example - I have attached a picture, the blue line is the previous hour high and red line is previous hour low (this is a 5 min chart) and shaded in blue where price has broken, therefore signal has changed from "BUY" to "SELL" and vice versa.

I have also attached the indicator that prints the RED and BLUE line.

Any help would be appreciated, I know barshift needs to be used, but I cannot put the logic in.

Thanks in advance,
Vip

if((Close[0] > HiLine[0]) && (High[1] <= HiLine[1]) )
{
Your code to signal BUY
}

if((Close[0] < LoLine[0]) && (Low[1] >= LoLine[1]) )
{
Your code to signal SELL
}

(You would need to only allow the signal to happen once / candle.)

M.

Futurespec..

Thanks!

I am bit of a doughnut!

Just realized where this needs to be and got it working! Thanks a million!

Regards,
Vip

Sorta what i am looking for. What code would you use to do that? I have an indi that gives three signals. Can’t figure out how to make it give only one signal.

thks

need to be within an if condition...

int mTime;

if(Time[0] > mTime)
{
your code
mTime = Time[0];
}

M.

Cool,thks. will try that.