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BUY STOP SELL STOP


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  #1 (permalink)
WHOARU
BRISBANE
 
Posts: 3 since Jul 2011
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Hi All ,

The below code buys sells at market .Can it be changed to a buy stop (one cent higher) sell stop (one cent lower) and does anyone know how one would go about entering it in ???

Steve

[IntrabarOrderGeneration = True]
INPUTS: RSILen(21),PcntRLen(12),RSIBuy(42),PctRBuy(20),RSISell(59),PcntRSell(89);
//Poss 14

Var:RSI1(0),PcntR1(0);

RSI1 = RSI(C,RSILen);
PcntR1 = PercentR(PcntRLen);


If RSI1 < RSIBuy and PcntR1 < PctRBuy
then
Buy this bar;

If RSI1 > RSISell and PcntR1 > PcntRSell
then
Sell this Bar;

//Print(DAte,Time,RSI1 ,RSI1 > RSISell ,PcntR1 ,PcntR1 > PcntRSell) ;

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  #2 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,437 since Apr 2013
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Steve,

you would do it like this for example:
 
Code
//Sell within the next bar on the first tick with a price of 100 or less: 

Sell Next Bar 100 Stop;
Stop orders can only be executed on the next bar, but as your code seems to use intrabar order generation "next bar" would equal "next tick".

Regards,
ABCTG

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Last Updated on April 13, 2014


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