Hello,
I am trying to use a
close below the 5MA on a 30 minute chart as my signal to exit trades. I tried the following rule:
Intraday
close ( 30,30,0 ) is Less Than Intraday Simple MA ( 30,5,1 )
but I found this was not stopping me out when the 30 minute candle
closed below the 5MA.
So I switched it to:
Intraday
close ( 30,5,0 ) is Less Than Intraday Simple MA ( 30,5,1 )
but this stopped me out whenever the price dipped below the 5MA without waiting for a
close.
Can you tell me what setting I actually need to use?
Thanks,
John
Ed
Barsano Creator