NexusFi: Find Your Edge


Home Menu

 





Market Condition: Ask is Specific Amount Below First Open of The Day


Discussion in Stocks and ETFs

Updated
    1. trending_up 972 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread

Market Condition: Ask is Specific Amount Below First Open of The Day

  #1 (permalink)
mshannonjones
columbia, sc/usa
 
Posts: 1 since Apr 2018
Thanks Given: 0
Thanks Received: 0

I wonder if anyone could help me with a simple way (Thinkscript in Thinkorswim) for my market condition to start a stock buy order when the Ask price is less than or equal to the very first Open of the day (first aggregation period, not the Open for the day) by a certain amount. For instance, -.011 below that first Open? I have used the DailyOpen study, but if I put in my buy orders to start at 9:30am when the market opens, it seems the Open price for the day is not always established, therefore I get fills at a price above the Open for the day. I would like to be more precise and make my market condition trigger in reference to the very FIRST Open price of the first aggregation period. I have tried using the First(); function in a study, but the market condition will not allow me to use my study (obviously because I must be missing something). Thanks!

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
NexusFi Journal Challenge - April 2024
Feedback and Announcements
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Deepmoney LLM
Elite Quantitative GenAI/LLM
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
60 thanks
Funded Trader platforms
43 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks




Last Updated on April 23, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts