Setting closing orders (i.e. limit/stop) that reference Buy_to_open price

October 11th, 2014, 04:08 PM

I'm having trouble formulating exit order for Thinkscript strategy. I have entry using RSI, which is fairly straightforward:

AddOrder(OrderType.BUY_TO_OPEN, rsi crosses above over_bought, tickColor = GetColor(0), open[-1], arrowColor = GetColor(0), name = "Long Entry");

but I would like add a Buy_to_close order once the bid price passes a certain number of points above the price at which the Buy_to_open order was entered. I can't seem to figure out how to reference the buy_to_order price.

Any thoughts? Thanks.

October 28th, 2014, 09:43 AM

I just use the profittarget strategy that comes on tos. I think it is called "profittargetlx" for long exit.

Setting closing orders (i.e. limit/stop) that reference Buy_to_open price

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Setting closing orders (i.e. limit/stop) that reference Buy_to_open price