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BuySetup shall be modified by you to be true when there is a setup on the current bar, and false otherwise.
In the below example, BuySetup is true if the current bar is an inside bar (more precisely: the 2nd bar of the inside bar).
BuyEntryPrice shall be modified by you to contain the entry price in case of setup. In the below example, we buy in case of breakout of the 1st bar of the IB (the tallest bar). So BuyEntryPrice = H[1].
Then, at each bar, if there was a setup at the current bar, the bar before or the 2nd bar before, a stop limit order is launched for the next bar at the "BuyEntryPrice" of the setup.
Note: with MultiCharts auto trading, the order are just valid for the next bar. They do not "stay". So, they have to be sent again at each bar, if relevant.