BUY STOP SELL STOP

April 12th, 2014, 10:57 PM

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) ;

ABCTG · April 13th, 2014, 05:47 AM

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

BUY STOP SELL STOP

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BUY STOP SELL STOP