Is it possible to enter on close of the bar?

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05/12/2016 at 2:53 AM #6851 quote

Dave Charles
Participant

New

Hi,

I am just wondering if it is possible to enter of the close of a bar once an objective/target has been hit. Or do I have to wait for the open of the next bar?

Thanks!

David

05/12/2016 at 1:24 PM #6881 quote

Nicolas
Keymaster

Master

Each line of a ProOrder script is run at each new bar. So for example, it is possible to make an exit a previous sell order and enter a new buy order in the same candlestick.

05/16/2016 at 5:37 AM #7146 quote

Dave Charles
Participant

New

Hi Nicholas.

I just want to clarify what I meant. Is there a way to program a back test or a automated trading program, so that a position is entered a few seconds before a close of the current bar. Or do i have to wait for the bar to close and enter on the open of the next bar?

Thanks

05/16/2016 at 7:52 AM #7147 quote

Adolfo
Participant

Senior

Hi! You can buy or sell in the same candle if you have STOP or LIMIT orders waiting to be executed.

Cheers.

05/17/2016 at 12:33 PM #7211 quote

Dave Charles
Participant

New

Hi Adolfo,

Thanks for your reply 🙂

I was wondering if you can enter just before the close of the bar or whether you have to wait for the open of the next bar?

Thanks!
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Is it possible to enter on close of the bar?

ProOrder: Automated Strategies & Backtesting

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Dave Charles @dave_charles Participant

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

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	05/12/2016
Status:	Active
Attachments:	No files

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