Wait for price to retrace

Forums ProRealTime English forum ProOrder support Wait for price to retrace

Viewing 4 posts - 1 through 4 (of 4 total)
  • #165379

    Hello friends

     

    i need an instruction that could do the following if possible ,when looking at an entry . Ie entry price “7100 for a buy”

    A :wait for price to achieve a close on 1 minute candle at < 7095 (to break price ) I.e 5 pips < entry price ( both would be variables)

    B :when “A “ is achieved place an order that only ONLY triggers IF price retraces to 7100 within 10 minutes of A being achieved – so again I would need a 30 second bar close > 7100 NOT  just price being touched but an actual close >7100 to stop being triggered in on a spike.

    C: ideally I would also want price action to slow after A being achieved so almost sideways action /or volume to have dropped off /volatility but don’t worry if this is impossible – its just a wish list and I can live without this if its just impossible to code and could go with A and B.

    Is this possible ?

    Your help is greatly appreciated.

     

     

    #165590

    What is the minimal / maximal time interval between the 2 events A and B?

    #165601

    Hello

     

    There would be no minimum time between the events A-B , but a maximum of 10 minutes if possible.

     

    Many thanks

    #166860

    Hello

     

    As any one any suggestions that may help ?

     

    Many thanks

Viewing 4 posts - 1 through 4 (of 4 total)

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