Comparing to Indicators

[Faspomy]

hi,

I am having trouble with comparing relative prices.


For example,

if SMA(5) < SMA(5) -10 pips



I tried the below and it does not work:

if (SMA(5)[0] < SMA(5)[0] - 10 * TickSize)

[NinjaTrader_RyanM1]

Hi Faspomy,

That condition will always be false. It's sort of like saying:

if (5 < 5 - 2)

Can you describe in English what you're trying to express?

[koganam]

hi,

I am having trouble with comparing relative prices.


For example,

if SMA(5) < SMA(5) -10 pips



I tried the below and it does not work:

if (SMA(5)[0] < SMA(5)[0] - 10 * TickSize)

That expression is identically false, so whatever is conditioned on it will never trigger.

[Faspomy]

Thank you.

Can you describe in English what you're trying to express?

Yes-- an offset.
I would like to compare one SMA value to another SMA value which is offset by a preset value.
It's essentially saying "If the price drops under 20 pips below the SMA(30), do this".

[Faspomy]

That expression is identically false, so whatever is conditioned on it will never trigger.

Thank you.
Can I re-bracket the condition like below ?

if (SMA(5)[0] < (SMA(5)[0] - 10 * TickSize))

[NinjaTrader_RyanM1]

I would like to compare one SMA value to another SMA value which is offset by a preset value.
It's essentially saying "If the price drops under 20 pips below the SMA(30), do this"

The issue with your snippet compared to the description is that you're comparing the same sma value to itself offset.

Comparing price is different, so you can say:
if (Close[0] < SMA(30)[0] - TickSize * 20)