Understanding: ‘Within’, Closed Candles and Price
For the above condition to trigger, the price increase by 5% 'WITHIN 15 minutes' would have to happen within one 15 minute candle.
Example 1
Rule starts at 10.03pm, price for 1 ETH is 1,000 USD
The last Close Price of the last closed 15 minutes candle (9.45pm) is 995 USD
The condition is not met. The condition looks for a 5% increase over the 995 USD of the previous closed 15 minute candle
Let's assume at 10.13pm the price of 1 ETH reaches 1,045 USD (straight from 995 USD).
The condition of a 5% increase is met and the rule immediately triggers
Example 2
Rule starts at 10.03pm, price for 1 ETH is 1,000 USD
The last Close Price of the last closed 15 minutes candle (9.45pm) is 995 USD
The condition is not met. The condition looks for a 5% increase over the 995 USD of the previous closed 15 minute candle
Let's assume it is 10.37pm, the price of 1 ETH is 1,020, the 10.15pm Close Price of the 15 minute Candle was 1,010 USD. The condition now looks for a 5% price increase against the 1,010 USD.
The rule would trigger if the price were to reach 1,060.5 USD.