Difference between revisions of "Price breakout"
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Parameters : | Parameters : | ||
* Bar Position : Position of the Bar on the current chart. 0 is the last printed Bar on the chart. 1, is the previous Bar from the last Bar . 2, is the second previous Bar from the last Bar. | * Bar Position : Position of the Bar on the current chart. 0 is the last printed Bar on the chart. 1, is the previous Bar from the last Bar. 2, is the second previous Bar from the last Bar. | ||
* Timeframe : Timeframe of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | * Timeframe : Timeframe of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | ||
* Symbol : Symbol of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | * Symbol : Symbol of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | ||
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Parameters : | Parameters : | ||
* Bar Position : Position of the Bar on the current chart. 0 is the last printed Bar on the chart. 1, is the previous Bar from the last Bar . 2, is the second previous Bar from the last Bar. | * Bar Position : Position of the Bar on the current chart. 0 is the last printed Bar on the chart. 1, is the previous Bar from the last Bar. 2, is the second previous Bar from the last Bar. | ||
* Timeframe : Timeframe of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | * Timeframe : Timeframe of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | ||
* Symbol : Symbol of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | * Symbol : Symbol of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | ||
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Parameters : | Parameters : | ||
* Bar Position : Position of the Bar on the current chart. 0 is the last printed Bar on the chart. 1, is the previous Bar from the last Bar . 2, is the second previous Bar from the last Bar . | * Bar Position : Position of the Bar on the current chart. 0 is the last printed Bar on the chart. 1, is the previous Bar from the last Bar. 2, is the second previous Bar from the last Bar. | ||
* Timeframe : Timeframe of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | * Timeframe : Timeframe of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | ||
* Symbol : Symbol of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | * Symbol : Symbol of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart. | ||
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Revision as of 02:14, 14 May 2022
Summary
This Price Breakout category contains all Default Rules related to the Price breakout patterns.
The Price breakout Rules are aimed to identify Market states when the Price reaches user-defined levels.
Thus, every rule in this category is a Conditional Rule. This means that it returns only True or False, not a number value.
Reaches S/R Level
This Rule returns True if the Bar is reaching a horizontal Support/Resistance Level. This level is defined by a Horizontal Line Graphical Object on the Chart.
Parameters :
- Bar Position : Position of the Bar on the current chart. 0 is the last printed Bar on the chart. 1, is the previous Bar from the last Bar. 2, is the second previous Bar from the last Bar.
- Timeframe : Timeframe of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart.
- Symbol : Symbol of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart.
Reaches S/R Area
This Rule returns True if the Bar is reaching a horizontal Support/Resistance Area. This level is defined by a Rectangle Graphical Object on the Chart.
Parameters :
- Bar Position : Position of the Bar on the current chart. 0 is the last printed Bar on the chart. 1, is the previous Bar from the last Bar. 2, is the second previous Bar from the last Bar.
- Timeframe : Timeframe of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart.
- Symbol : Symbol of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart.
Reaches TrendLine Level
This Rule returns True if the Bar is reaching a Trendline. This level is defined by a TrendLine Graphical Object on the Chart.
Parameters :
- Bar Position : Position of the Bar on the current chart. 0 is the last printed Bar on the chart. 1, is the previous Bar from the last Bar. 2, is the second previous Bar from the last Bar.
- Timeframe : Timeframe of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart.
- Symbol : Symbol of the Bar. It's advised to let the value "Current" to get the value of the Bar on the current chart.