Set price to buy

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11/25/2019 at 12:33 AM #113524 quote

AE
Participant

Senior

Hi folks!

I would like to know if there is any way to set a price to buy using the last positionprice of my last operation.

Example:

Step 1. Strategy condition is met and buy DAX at 13.200. Set TP at 13.230

Step 2. DAX move up to 13.230 so it closed the position

Step 3. Create a new order limit to buy at last positionprice (13.200)

Thanks

12/05/2019 at 7:40 PM #114285 quote

GraHal
Participant

Master

Yes use TRADEPRICE(1)

https://www.prorealcode.com/documentation/tradeprice/

However, reading the link above confused me a bit … to use your example …

IS

TRADEPRICE(1) = 13.230 (exit order)

AND

TRADEPRICE(2) = 13.200 (entry order)

I’m sure some helpful member will spot this post and clarify for us?

12/05/2019 at 8:21 PM #114286 quote
Vonasi
Moderator

Master
Yes TRADEPRICE is the last order price (or last Nth order price) so if the last order was an exit that is what TRADEPRICE will be so this does not work for position price.

You need to record POSITIONPRICE at the close of each bar.
```
if onmarket then
lastprice = positionprice
endif
```
Then you can buy at that price using a pending order.

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Set price to buy

ProOrder: Automated Strategies & Backtesting

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AE @alberto_aguilera Participant

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This topic contains 2 replies,
has 3 voices, and was last updated by Vonasi
6 years, 2 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	11/25/2019
Status:	Active
Attachments:	No files

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