Limit and stop orders

• 12/19/2016 at 1:57 PM #18785
  fwsim

  Hi, I would like to programme the following, perhaps someone has done it already. I would like to buy one contract if price is greater than the bar open. But I want probuilder to place a buy stop order and a stop order at the same time. I do not want to buy at market, I want to buy at a level higher than where the market is trading, hence a buy stop. Can anyone help me with the code for that? Thanks in advance

  

  fwsim

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  12/19/2016 at 3:01 PM #18792
  Nicolas

  Topic moved to ProOrder support (automated trading related).

  About your request, let’s say you want to buy at Close plus 5 points above this level, only if the current bar has closed above the open:

  defparam cumulateorders=false if close>open then BUY 1 SHARE AT close+5*pointsize endif

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  defparam cumulateorders=false   if close>open then BUY 1 SHARE AT close+5*pointsize endif

  This code will be read and executed once at bar close, the stop order will remain only 1 bar. The condition will be tested again at next bar Close. Hope it helps, let us know.

   

  

  Nicolas

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  12/20/2016 at 10:18 AM #18838
  fwsim

  Thanks for the reply. Is there anyone you can recommend who can programme an entire trading system for me? I sent a request via the website and am awaiting a reply.

  

  fwsim

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  12/20/2016 at 10:51 AM #18839
  Nicolas

  I’ll reply asap Fergus, thanks for your patience 🙂

  

  Nicolas

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