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Originally Posted by Maji
I see that you are using the statement "(High[0]-Low[0])>10*Point" in your EA. [0] denotes the current bar being formed. How can you determine what is the high and the low of a bar that has yet to be completely formed?
Thanks,
Maji
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That would be from the previous bar. That is why it works so well in the daily timeframes. I am also currently testing it out on weekly timeframe as well. I believe it might even be more accurate.
So if it is >10 from the previous bar (in the current bar). I hope you understand, it is accually very simple. Kind of a counter-trend system that attempts to find retracement after the previous day's gain or loss. I hope that makes sense.
I am not sure but I believe that is how it works. I did not write the original EA but only modified this.