Buy at the high of the previous candle

• 10/25/2018 at 3:00 PM #83529
  Hiraokii

  hi guys, I am a beginner even reading the documentation I have some doubts,

  i want to create a pending order as soon as the price broke the previous high line and the stop at the previous low. I don’t know why but it’s not doing what I want, it’s buying but not where I want.

   

  Buy

  If not longonmarket then If close >= high[1] then Buy 1 lot at high[1] stop If longonmarket and close <= low[1] then Sell at market Set target profit range[1] Endif Endif Endif

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  If not longonmarket then If close >= high[1] then Buy 1 lot at high[1] stop   If longonmarket and close <= low[1] then Sell at market Set target profit range[1] Endif Endif Endif

  

  Hiraokii

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  10/25/2018 at 3:14 PM #83530
  Vonasi

  It should be a LIMIT order and not a STOP order plus some of your other code is incorrect. Try this?

  If not longonmarket and close >= high[1] then Buy 1 lot at high[1] limit Set target profit range[1] endif If longonmarket and close <= low[1] then Sell at market Endif

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  If not longonmarket and close >= high[1] then Buy 1 lot at high[1] limit Set target profit range[1] endif If longonmarket and close <= low[1] then Sell at market Endif

   

  

  Vonasi

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  10/25/2018 at 4:04 PM #83532
  Hiraokii

  Thanks brother, not abusing but… the method to do the oposit and sell.
  Let’s say that I am sellshort, the sell at market will not stop the operation right? Should I buy at market instead?

  

  Hiraokii

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  10/25/2018 at 4:21 PM #83536
  Vonasi

  If you SELLSHORT then to exit the trade you must EXITSHORT.

  If you BUY then to exit the trade you must SELL.

  If you have a long position open and SELLSHORT then the long position will be closed.

  If you have a short position open and BUY then the short position will be closed.

  Use two strategies – one for long and one for short if you want to avoid this.

   

  

  Vonasi

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  10/25/2018 at 10:09 PM #83549
  Hiraokii

  Thanks brother.

  

  Hiraokii

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