Using OnBar method to set variable
Created at 01 Jul 2018, 10:51
Using OnBar method to set variable
01 Jul 2018, 10:51
I would like to calculate by how much a candlestick goes above or below the outer bands of the Bollingerbands indicator.
This is done on the 5 minute timeframe even though the bot is set on the 1 minute timeframe.
I am aware that the OnBar method will then calculate this variable every minute. I have included a portion of the method used to check the price against the bollinger bands.
I would like to know why the candlePipPiercedTop variable returns different values every minute when I was expecting it to remain constant for 5 consecutive minutes before changing.
OnBar() { CheckPricePiercedBollingerBands(); } private string CheckPricePiercedBollingerBands() { if (MarketSeries.High.Last(1) > _bollinger5min.Top.Last(1)) { double candlePiercedTop = MarketSeries.High.Last(1) - _bollinger5min.Top.Last(1); double candlePipPiercedTop = candleLengthPiercedTop * 10000; if (candlePipPiercedTop > 1) { Print("candlePipPiercedTop = {0}", candlePipPiercedTop); return bollingerPierced = "top"; } else { return bollingerPierced = "normal"; } }
Replies
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pogostick
01 Jul 2018, 11:16
No stress! Realised I was using the wrong market series. All sorted.
@pogostick