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Warsy · 2016-08-02T22:35:50+00:00

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

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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

Legend
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
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New

Thank you Nicolas. It works perfectly.
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This topic contains 2 replies,
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Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	08/02/2016
Status:	Active
Attachments:	No files

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