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  • 08/02/2016 at 11:35 PM #11156 quote
    Warsy
    Participant
    New

    Can someone help me with this: I want to buy as soon as the current price is 3 pips higher than the high of the previous candlestick. How can I can access the current price in the middle of the current candlestick.

    IF CLOSE>HIGH+0.0003 THEN
    BUY AT MARKET
    ENDIF

    08/03/2016 at 7:28 PM #11177 quote
    Nicolas
    Keymaster
    Master

    The best you can do is to set a pending order at the price you want your order to be launched at market:

    if mycondition then 
 BUY 1 SHARE AT HIGH+3*pipsize STOP
endif

    Pending “stop” or “limit” orders need to be set at each new candle, because they expire after one candle, so you have to be sure that your “mycondition” in my example if still true if your are still not on market.

    08/04/2016 at 12:11 AM #11196 quote
    Warsy
    Participant
    New

    Thank you Nicolas. It works perfectly.

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Current price


ProOrder: Automated Strategies & Backtesting

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Warsy @warsy Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by Warsy
9 years, 7 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 08/02/2016
Status: Active
Attachments: No files
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