Example : If Price > AverageFC( Price, Length1 ) then Buy ( "MACrossLE" ) next bar at 73.00 stop 73.50 Limit ; (Monetary Value)
In this case how if it is not a monetary value how can we convert stop order into Stop limit order? If Price > AverageFC( Price, Length1 ) then Buy ( "MACrossLE" ) next bar at H + averagetruerange(5) stop ;
>>>
If Price > AverageFC( Price, Length1 ) then Buy ( "MACrossLE" ) next bar at H + averagetruerange(5) stop H + averagetruerange(??) Limit ; I doubt in this part > if we put H + averagetruerange(8) Limit; can be less than H + averagetruerange(5)stop due to less volatility of last 8 bars (averagetruerange(8)). Thanks for your advice.
Convert Stop oders into Stop limit oders
-
TJ
- Posts: 7743
- Joined: 29 Aug 2006
- Location: Global Citizen
- Has thanked: 1033 times
- Been thanked: 2222 times