I am trying to change some code I have put together where I enter the market at the break of the prior bar’s high/low.
I want to change this so instead of entering the market, the break creates a limit order.
So a short example…. if price breaks below the low of the prior bar a limit order is created a couple of pips above the prior bar’s low and a short trade is triggered if there is a small retracement that hits the limit order.
Any advice would be appreciated 🙂
Many thanks