Buying an Outside candle via BuyStop

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  • #146974 Report

    How do I program this?

    Stopbuy at  High Outside + 25% * (High of the Outsidecandle -Low of the Outsidecandle)

    the stopbuy should only be executed within the next 3 candles

    Target Profit = High Outside + 50% *  (High of the Outsidecandle – Low of the Outsidecandle)
    Stop Loss = Low Outsidecandle

    #146996 Report

    There you go (not tested):

     

    1 user thanked author for this post.
    #147001 Report

    i thank you very much

     

    #147065 Report

    Maybe one more step back. Maybe you can help me again.

    I understand that this part of code,  define entry, sl, tp – correct?

     

     

    Which part of the code says that the StopBuy is only executed with the next 3 candles? With this one?

    and if so and I would set n=5, then the StopBuy would only be possible within the next 5 candles – correct?

     

    Allright?

     

     

    #147067 Report

    All of your assumptions are correct.

     

    #147157 Report

    So fine and a big thank you to you.

    The first step of the strategie is done.

    1 user thanked author for this post.
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