Price Filter

The Price filter allows you to create conditions based on the current closing price of the asset. This is one of the most fundamental building blocks for any trading strategy.

When you select "Price" as an indicator, the engine uses the closing price of each candle for comparison. This is the most common price reference in technical analysis.

Price vs. Moving Average

Compare price to a moving average to determine trend direction:

• Price > SMA(200) — Price is above the 200-period moving average (bullish)
• Price < EMA(50) — Price is below the 50-period EMA (bearish)

Price vs. Bollinger Bands

• Price > BB Upper — Price broke above the upper Bollinger Band (potential reversal or breakout)
• Price < BB Lower — Price broke below the lower Bollinger Band

Price vs. Fixed Value

• Price > 50000 — Bitcoin is above $50,000
• Price < 100 — Stock is below $100

| Condition | Meaning | |-----------|---------| | Price > SMA(200) | Uptrend confirmation | | Price cross_over EMA(20) | Price just crossed above EMA — potential entry | | Price cross_under SMA(50) | Price just crossed below SMA — potential exit | | Price > BB Upper | Bollinger breakout |

You can use price conditions on different timeframes for stronger signals:

| Condition | Purpose | |-----------|---------| | Price on 1D > SMA(200) on 1D | Confirm long-term uptrend | | Price on 1H cross_over EMA(20) on 1H | Time the entry on lower timeframe | | Price on 4H > VWAP on 4H | Intraday bullish bias confirmation |

This approach combines higher-timeframe trend filters with lower-timeframe entry signals, reducing false entries while maintaining good timing.

Price works best when combined with other condition types:

• Price + Volume: Price cross_over SMA(20) AND Volume > SMA(20, Volume) — breakout with volume confirmation
• Price + Oscillator: Price < BB Lower AND RSI(14) < 30 — double oversold confirmation
• Price + Trend: Price > SMA(200) AND MACD cross_over Signal — trend-following entry

• Price conditions always use the main chart timeframe
• Combine price with momentum indicators (RSI, MACD) for stronger signals
• Use cross_over/cross_under for entry timing, and greater_than/less_than for trend filters
• Fixed price values (e.g., Price > 50000) need periodic adjustment as markets evolve
• Price crossovers with moving averages are among the most widely used signals in technical analysis