Buy position When price rised

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12/29/2021 at 6:48 PM #184127 quote

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Participant

Senior

I need code.

I want to buy a long position when the conditions are met and the price rises 0.5%.

I understand that “at limit” is used, but I can’t.

12/29/2021 at 6:58 PM #184130 quote
robertogozzi
Moderator

Legend
You need to either wait:
- for the price to reach +0.5%, then check conditions and, if they are met, enter at market
- for the conditions to be met and, if they are, check that the price has reached +0.5% and, if it has, enter at market
12/29/2021 at 7:51 PM #184138 quote

Link
Participant

Senior

Ok, The second option.

12/31/2021 at 11:06 AM #184177 quote
robertogozzi
Moderator

Legend
There you go:
```
IF close <= lowest[100](low[1]) THEN
   EntryPrice = close * 1.005      //enter next time after a +0.5% is reached
   Flag       = 0
ENDIF
IF OnMarket THEN
   Flag = 1
ENDIF
MyLongConditions = Not OnMarket AND close CROSSES OVER average[200,0](close)
IF MyLongConditions AND close >= EntryPrice AND Flag = 0 THEN
   BUY 1 CONTRACT AT MARKET
   Flag = 1
   SET STOP   pLOSS   500
   SET TARGET pPROFIT 1000
ENDIF
graphonprice EntryPrice
```
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Buy position When price rised

ProOrder: Automated Strategies & Backtesting

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This topic contains 3 replies,
has 2 voices, and was last updated by robertogozzi
4 years, 9 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	12/29/2021
Status:	Active
Attachments:	No files

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