% price change is a tool that allows you to enter a deal after an asset passes a specified value.
How does the filter work?
In the settings of the filter you need to set the desired values for a deal, for example, if you set the deviation threshold greater than 5% on 15m TF, the bot will open f deal after the candle closes.
How to apply in trading?
The condition “% of price change 5 minutes at bar close > 1” is executed if the green candle on the 5 minutes timeframe closes and is longer than 1%.
The condition “% of price change 1 minute at bar close < -1.5” is executed if the red candle on the timeframe 1 minute closes and is longer than 1.5%.
The condition “% of price change 1 minute at bar close > -1” is executed if the red candlestick on the 1 minute timeframe closes and is shorter than 1%, and the green candlestick can be of any length.
