how to add buy condition when the color change

how to add buy condition when the color change

srishail
2019-10-05 13:14:47

Hi guru,

Need help in adding buy and sell condition
For example-Below is formula
a=ema(14);
b=rsi(14);
c=(-a-b)/20;
plot(c, "", colorblue, chartline, StyleOwnScale);
UpdateColor(c>-570.1000, colorpink);

how to add buy rule when the color of the line change to blue and sell when color of the line change to pink.

Regards
srishaill

QuantShare
2019-10-09 10:08:35

The change in pink happens when c>-570.1 so the rule would be:

a=ema(14);
b=rsi(14);
c=(-a-b)/20;
sell = c>-570.1;

For the buy, just use the opposite:
buy = !sell;

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