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BUY STOP SELL STOP
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BUY STOP SELL STOP

  #1 (permalink)
Trading Apprentice
BRISBANE
 
Futures Experience: None
Platform: MC
Favorite Futures: GOLD
 
Posts: 3 since Jul 2011
Thanks: 0 given, 0 received

BUY STOP SELL STOP

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)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,527 since Apr 2013
Thanks: 229 given, 853 received
Forum Reputation: Legendary

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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