The ShortTriggered function in ProBuilder language is designed to determine if a short position has been opened on a specific candlestick. This function is particularly useful for identifying whether an order has been executed and if its associated stop loss or take profit was triggered within the same candlestick. This is especially relevant in scenarios involving pending orders, also known as Working Orders (WO).
ShortTriggered[N]
Here, N is an optional parameter that specifies the candlestick index relative to the current candlestick. If N is not provided, it defaults to 0, which refers to the current candlestick.
if ShortTriggered[1] then
// Actions to take if a short position was opened on the previous candlestick
endif
In this example, the ShortTriggered[1] function checks if a short position was opened on the previous candlestick (one candlestick back from the current one). If true, the code inside the if statement will be executed.
ShortTriggered function is essential for traders using automated strategies who need to verify the execution and outcome of short orders within their trading algorithms.This function does not provide any trading or financial advice but is a tool for programming specific trading strategy behaviors in the ProBuilder language.