Trigger A Trade on Proxy

• 12/23/2019 at 2:46 PM #115416
  vishalshah63

  Hi There, I want to do the following as an example:

  Buy FTSE (Mar-20) when FTSE Cash is 7000 and Close the contract (FTSE Mar 20) when FTSE Cash is 7200. How Can I do that please?

  

  vishalshah63

  Participant

  Topics: 1

  Replies: 1

  Been thanked: 0 times
  12/23/2019 at 2:55 PM #115417
  robertogozzi

  Please use the correct support forum. I moved it to the ProOrder support as it is related to a strategy.

  Try this if you want to enter at market:

  IF close >= 7000 THEN BUY AT AMRKET ENDIF IF close >= 7200 THEN SELL AT MARKET ENDIF

  1 2 3 4 5 6

  IF close >= 7000 THEN    BUY AT AMRKET ENDIF IF close >= 7200 THEN    SELL AT MARKET ENDIF

  or this one to use pending orders (they only last one bar and must be placed again, if needed):

  BUY 1 CONTRACT AT 7000 STOP //or LIMIT if current price is higher

  1	BUY 1 CONTRACT AT 7000 STOP //or LIMIT if current price is higher

  and, once you are OnMarket, you can exit with:

  SELL AT 7200 LIMIT

  1	SELL AT 7200 LIMIT

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17143

  Been thanked: 4033 times
  12/23/2019 at 2:59 PM #115420
  vishalshah63

  Thank you…Will try as I am Buying FTSE (Mar-20) when FTSE Cash is 7000. Thank you.

  

  vishalshah63

  Participant

  Topics: 1

  Replies: 1

  Been thanked: 0 times
• Author
  Posts