Logic expressions with indicators
Logical expressions with indicators can be created using logical operators such >, >=, <, <=, and =. These logic expressions are used to compare different indicator levels.
In this example the levels two different Simple Moving Average (SMA) along with a green candlestick (close > Open) are compared:
Rule:
- SMA 20 greater than SMA 100 (delimited by green region).
- OHLC Close greater than OHLC Open (corresponds to green candlesticks in the delimited region).
Legend:
SMA 20 Green line
SMA 100 Orange line
Source: Dukascopy
The equivalent logic using the Strategy Designer can be defined as follows:
