order validity – signal to be valid 4 following bars

• 03/07/2018 at 2:54 PM #64677
  George65

  Hi,

  can someone help how to code how many bars an order is valid?

  For example buy setup:

  I get the buy signal on current bar, and I want the signal to be valid 4 following bars, and if the buying condition is not met, delete the order.

  Thank you!

  George

  

  George65

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  03/07/2018 at 3:28 PM #64682
  Nicolas

  You can test if your signal was true in the last X bars:

  (let’s say your signal condition is a variable named “signal”):

  test = summation[4](signal>0)>0 if test then buy 1 contract at market endif

  1 2 3 4 5

  test = summation[4](signal>0)>0   if test then buy 1 contract at market endif

  If “signal” was true at least 1 time during the last 4 bars, then the condition is still true.

  

  Nicolas

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  03/07/2018 at 3:46 PM #64684
  George65

  Thank you Nicolas, sorry it is my English. I did not mean that.

  Try to clarify:

  I get a buy signal on current bar, let’s say the signal is high (0) › high (1)

  I do not want to buy at market, but at limit price, lets say “buy 1 contract at low(1) + range(1)• 0,7 stop”.

  And I want the order to be valid 4 bars after the entry signal if the price comes lower. If not, after monitoring 4 bars, delete the order.

  Thanks again!

  

  George65

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  03/07/2018 at 5:58 PM #64686
  Leo

  https://www.prorealcode.com/topic/entry-methods-at-market-stop-and-limit/

  You can read this information here

   

   

  

  Leo

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  03/07/2018 at 9:01 PM #64697
  George65

  Thanks Leo, I think a understand

  

  George65

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