Buy on retest on a certain candle

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08/29/2024 at 11:05 AM #236823 quote

Jimmy Olsson
Participant

New

Hi!

Im struggle with coding .

I whant the code to buy after one specific candle.

example , the retest of the 09:15 candles low.

How do i code that ? seams that AI dossent help either haha!

08/29/2024 at 11:40 AM #236826 quote
JS
Participant

Master
Hi Jimmy,

Do you mean something like this…?
```
DefParam CumulateOrders=False

If OpenTime=091500 then
LowCandle=Low
EndIf

If Time>091500 then
If Close<=LowCandle then
Buy 1 contract at Market
EndIf
EndIf
```
08/29/2024 at 12:30 PM #236838 quote

Jimmy Olsson
Participant

New

I have something like this. But it dossent take a single trade.

DefParam CumulateOrders=False

// Variables to store the low and high price of the first candle
If OpenTime = 091500 then
LowCandle = Low
HighCandle = High
CandleRange = HighCandle – LowCandle // Calculate the range of the 09:15 candle
EndIf

// Execute buy order if the current price touches or goes below the LowCandle
// AND the time is between 09:15 and 12:00
If Time >= 091500 and Time <= 120000 then
If Low <= LowCandle then
// Place buy order
Buy 1 contract at Market

// Assuming we’re using a platform that allows capturing the last trade price
LastTradePrice = Close // or the appropriate function to get the entry price

// Set stop loss at the distance of the candle range below the entry price
SET STOP LOSS (LastTradePrice – CandleRange) // Correctly set the stop loss

// Set take profit at the high of the 09:15 candle
SET TARGET PROFIT (HighCandle) // Correctly set the take profit
EndIf
EndIf

08/29/2024 at 12:46 PM #236839 quote
JS
Participant

Master
```
If OpenTime = 091500 then
LowCandle = Low
HighCandle = High
CandleRange = (HighCandle - LowCandle)
EndIf

If Time >= 091500 and Time <= 120000 then
If Low <= LowCandle then
Buy 1 contract at Market
EndIf

Set Stop Loss CandleRange
Set Target Price HighCandle
EndIf
```
Schermafbeelding-2024-08-29-om-13.45.15.jpg
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