Combined value of two different indicators being an exit

• 11/15/2024 at 5:40 AM #240390
  Kovit

  Hi guys,

  Is it possible to add the different values of two indicators together to use the increasing or diminishing values between them as an exit for a strategy I was thinking maybe ADX and something else along the lines of if

  ADX a = close

  indicator b = close

  exit strategy when the combined value of a +b is more or less than the previous close.

  If possible would this need to go into an array?

  Thanks in advance for any help with this.

  

  Kovit

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  11/15/2024 at 9:37 AM #240392
  Iván

  Hi! Yes, you can add two or more indicators.

  a=adx[14] b=rsi[14](close) c=a+b

  1 2 3

  a=adx[14] b=rsi[14](close) c=a+b

  It’s not necessary create an array, just a new variable.

  1 user thanked author for this post.

  Kovit

  

  Iván

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