wen trend retraces between 20 and 40 sma, and a new candle breaks previous candle close(( which lies between 20 and 40 sma).
i know code to write for 20 crosses 40,
but how to trace a candle between 20 and 40,and it breaks previous candle,any similar ideas to achieve this?
SMA(CLOSE,20) > SMA(CLOSE,40) AND
CLOSE > REF(CLOSE,1) AND
CLOSE < SMA(CLOSE,20) AND
CLOSE > SMA(CLOSE,40)
First line of the code has been used to identify an uptrend , you can remove this if not required.
Try it and let me know, how it works out for you.
thank you,i will check with this