Place a pending order at 1.5% from the current position

• 04/06/2020 at 1:19 PM #124858
  Fran55

  Hi.

  I would like to enter the market with a position.

  And leave an order placed if the price falls 1.5% enter with another position.

  I have seen that BarHunter places an order.

   

  Thanks!

  

  Fran55

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  04/06/2020 at 2:31 PM #124886
  Nicolas

  With a position from which side? If you want to buy lower than a previous buy order (averaging down), you can do that:

  if longonmarket then buy at tradeprice*0.985 limit endif

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  if longonmarket then buy at tradeprice*0.985 limit endif

   

  

  Nicolas

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  04/06/2020 at 2:40 PM #124889
  Vonasi

  You can set the maximum number of positions to buy easily.

  Also in this code it places a limit order at the same time that you enter the market 1.5% below the close price otherwise you don’t have an order on the market for the first candle. If there is a big gap down then you might end up with two trades opening at the start of the candle though because we can only use the closing price of the decision candle at this point.

  if not longonmarket and (your entry conditions) then buy 1 contract at market buy 1 contract at close*0.985 limit endif if countofposition < 3 and longonmarket then buy 1 contract at tradeprice*0.985 limit endif

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  if not longonmarket and (your entry conditions) then buy 1 contract at market buy 1 contract at close*0.985 limit endif   if countofposition < 3 and longonmarket then buy 1 contract at tradeprice*0.985 limit endif

   

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  Nicolas

  

  Vonasi

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  04/06/2020 at 3:00 PM #124894
  Fran55

  Ok guys… Perfect!!!

  

  Fran55

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