Cross Strategy - Distance to Confirm condition

Cathi B

• July 08, 2022 09:45

Ability to set a distance to confirm % condition after crossing a trigger line.

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  Mark

  • July 12, 2022 09:41

  This is a great idea! Distance to activate and confirm would make it easier to set up a way to not be pulled into a fake out or miss out on trades due to too small RR with candle close.

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  Josh Della

  • September 12, 2022 22:52

  Cathi BMark
  
  Not discounting the idea ofc, however there is a couple of "hacks" you can do now to achieve what you want :) 

  1.  You could simply move your trigger line to where your "confirmation" level would be.
  2. The other way is to use Bounce! 
     Example: Let's say you're going Long and you're entry target (trigger line) is above current price. Set Distance to Activate as 0, and Distance to Confirm to w/e value you want.  When price crosses the trigger line, your trade will be "activated" then as soon as it crosses confirmation, it will enter! (depending on Candle Close condition of course)  Essentially giving you a cross with confirmation :) 

  Enjoy!

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