Close vs recent High/Low
| slug | close-vs-recent-range |
|---|---|
| code | EB-CANDLE-01 |
| stem | EG_CloseVsRecentRange |
| teaches | Candles Highest/Lowest + Cross short form vs expanded AND |
| in tool | Built-in — select in Save/Load (no download) |
Idea
Watch the last finished candle’s Close against a recent window of highs and lows (about 20 candles, starting one candle before the Close so the Close is not measuring itself).
- Buy — Close just broke above the recent highest High.
- Sell — Close just broke below the recent lowest Low.
- Exit buys — Close just broke back below that High.
- Exit sells — Close just broke back above that Low.
No indicators — both sides use the Candles tab in simple mode.
Two ways to write the same event
This Learn shows one breakout idea written two ways. The meaning is the same; only the writing style changes.
1) Cross — short form (“just crossed”)
Buy and Exit buys use one condition with Cross Up or Cross Down. Think of Cross as: the Close just crossed the level on this bar (it was on the other side before, and is on this side now).
2) Expanded AND — two comparisons
Sell and Exit sells write the same Cross idea as two leaves joined with AND (All):
- One leaf checks the previous bar — Close was still on one side of the Low (for example ≥ Low, or ≤ Low).
- The other leaf checks now — Close is on the other side (for example < Low, or > Low).
So: was on one side before AND is on the other side now = the long form of Cross. Open this preset in Save/Load and compare Buy (short) next to Sell (expanded).
What this Learn highlights
- Candles Multiple — Highest High / Lowest Low without Advanced Refine.
- Breakout window — the range starts one candle before the signal Close.
- Cross = shorthand — one Cross row equals two prior/now comparisons with AND.
Chart Examples
