I am attempting to build a strategy that uses a dynamic support resistance indicator. The support resistance bars move around the chart showing the current structure levels. I want to know if I could set it up to when price touches the level and pulls back to to a closed candle can a position be taken? How do I set this up in strategy Builder?
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Hi Teebone21, thanks for your question.
The indicator in question would need to be poked around with and tested the Strategy Builder to know if a trading idea could be completed in the builder. Consider using the Print statement in the Misc folder to print out data from the indicator. From there you can know what comparisons to make with the indicator.
Please let me know if I can assist any further.
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