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I am trying to open the trade at the inflection / turning point of a MA not on the inflection / turning point bar or a bar touching the MA. My strategy can locate that point but will not open the trade unless it is on a bar.
Let me be sure that I know what you mean, first. As I understand you, you want to enter a trade (you mentioned using a market order in a previous post) at the point in time when the MA turns, right?
If that is the goal, it is completely simple to achieve. In your strategy (I assume you are using code to automate this), you simply enter your order when the MA changes. I'm not sure I understand how this can be a problem.... unless I have totally misunderstood you.
Thinking about your posts, I realized that I am not sure whether you mean you just want the order to be entered at the MA turning time, or if you want it to excute at the MA turning price.
I assume you know that an order will only execute at the current market price (simplifying a little bit), because someone else has to accept the trade and, if you entered a buy, they have to sell to you. They will not sell to you below the current price, so essentially, no matter when or why you sent the order to the exchange, nothing will happen with it except where price is at that time. This will put it on the price bar.
Looking at your price chart, it looks like you would be "entering" an order (sending it to the exchange) at the point in time where the MA is at 16020 where it says "Enter trade". If it's a market order, it will then be matched against someone else's sell order, but at the current price at that time, which is somewhere around the "Not here" level of 16045, give or take. In other words, it will execute where there's a seller willing to sell to you, not at a price that is way, way below the current price. (There are other types of orders besides market orders, but they also only execute at a price where they can be matched to another trader's order.)
No one is going to be willing for you to buy from them at 16020 when the price they can get for it is around 16045. Whatever you might have on your chart, you don't have an open trade until someone sells to you or buys from you, and that is going to happen when it matches their order. Otherwise, they would give you an instant profit and take an instant loss for themselves, and no market works like that.
Maybe I didn't understand what you are looking for. But the way I read your chart, you want to be in a trade at a price that is dependent only on your MA, not on another trader selling to you. But they are always going to be selling to you at the current market price, not where your MA is.
Please correct me if I understood you incorrectly. But what you ask seems impossible to me, because your entry price on the trade is up to your order being matched to another order in the external market, which will happen where price is.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
