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When creating a strategy how do you tell it to go long/short when the indicator is green/red? do you have to write the code? or can you do it through the strategy wizard?
Can you help answer these questions from other members on NexusFi?
I know exactly what you mean. What you are meaning is that you are looking to create a strategy where the parameters in entering a trade is based on a green arrow or red arrow, or a trendline turning green/red.
I have been trying to figure this out as well. I have a MA that turns green/red and would like to creat an Auto Strat that goes in a buy when green and sell on red. I was also trying to figure out how to create a strategy using another time frame as confirmation.
when a line is changing colors or an arrow appears, this has an exactly defined + coded reason.
you can reproduce + use this "reason" as conditions in the code (if you know the conditions),
but its not possible to do this / grab this through the wizard easiely just by the color-change / arrow-plot.
so the way would be : find out the condition the arrow / color-change is driven by
& then use / rebuild this code for your strategy-developement.
this means if a color line changes if a MA is rising / falling, you can define this condition in the strategy-wizard for example
many words - lol - i hope you get what i wanna explain