I am working on an RSI-based momentum strategy using the Strategy Builder and have encountered a challenge that I hope you can help me with. The strategy involves a condition where the current price must be higher than the last price recorded when the RSI crossed a specific level. Here's what I intend to achieve:
- The strategy should enter a long position only if the current price is higher than the price at the last instance when the RSI crossed above a predefined oversold level (e.g., RSI > 32).
- This condition aims to confirm the market momentum is in favor of the trade.
- I would like to implement this logic directly in the Strategy Builder interface without delving into custom scripting.
I appreciate any advice or guidance you can provide.
Thank you!
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