BOX breakout

Marius Ovidiu Sunzuiana 2019.10.02 15:14

Anybody can tell me how to verify in an if statement when price is out of rectangle/box object ? Thank you.

William Roeder 2019.10.02 16:28 #1

Get the two prices of the rectangle and check if the market is above the larger of the two, or below the smaller of the two.

Marius Ovidiu Sunzuiana 2019.10.02 16:45 #2

William Roeder:
Get the two prices of the rectangle and check if the market is above the larger of the two, or below the smaller of the two.

Thank you William. I shall use ObjectGet ObjectGetDouble.

fxstrategist007 2019.10.03 03:10 #3

First time I hear of this graphing technique. Seems like a better visual way of identifying support and resistance levels.

Marius Ovidiu Sunzuiana 2019.10.03 11:05 #4

fxstrategist007:
First time I hear of this graphing technique. Seems like a better visual way of identifying support and resistance levels.

Depends how you consider the box, oriented for support and resistance or for corrections or other.