I have two indicators I want to use in my strategy. One is an exhaustion reading of 90 and 10. The other I'm using to establish a trend.
What I'd like to do is figure out how to incorporate the value of the last occurrence in my strategy.
Example: A short signal is if the exhaustion indicator is 90 AND the trend indicator value of this bar is BELOW the last time the exhaustion indicator read 90.
Exhaustion indicator 90 or >, Trend indicator = 65, last time Exhaustion indicator 90 or >, Trend indicator = 70, put on position
or
Ex. Indicator >= 90, Trend Ind. = 65, last time Ex. Indicator >=90, Trend indicator = 50, do not put on trade
Thank you
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