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EasyLanguage entry in active bar on previous bar's low
Hello guys I'd like to ask you to help me with following issue:
I'm trying to code an entry (daily timeframe) which will be generated during active bar/day at yesterday's price (high or low). The problem probably is, that the signal is valid AFTER new day's opening - I have IntraBarOrderGeneration=TRUE setting, however it doesn't help... see why:
This is what I have:
IntraBarOrderGeneration=TRUE;
Buy ( "long" ) this bar at low[1] stop; {<- I want to have BUY STOP order placed right after OPEN on previous bar's LOW, the OPEN is lower that previous LOW}
Unfortunately it return's error: 'Stop and limit orders can only be placed for the next bar' <-but I want to enter in active bar, not next one.
Please help me guys, it will be really appreciated!
Thank you
Can you help answer these questions from other members on NexusFi?
Entry : Pattern 1 setup
Entry at highest high for buy and lowest low for sell
Must be filled within 2 to 3 bars
Exit : 1) Profit target calculated using the entry setup highest high - lowest low add to the highest high for buy …
Big Mike is using a "limitprice" which is defined as lowest(low, 10) meaning the lowest of the previous 10 bars, replace 10 with 1 and you have the low of the previous bar
