OCO order ?

if .... then

// would this be the right / good way to send a Buy market order with Takeprofit and Stoploss limits order to the market ?

begin
buy ("tiers1") 1 contract next bar at market ;
TP1L = 5 ; // Take Profit "Level 1" Long
SLL = (lowest(low,3) - 1) ; // StopLoss set to the Lowest Low of the 3 bars previous to the buy signal.
setstopposition ;
setstoploss(SLL) ;
setprofittarget(entryprice + TP1L) ;
end;

if .... then

// would this be the right / good way to send a Buy market order with Takeprofit and Stoploss limits order to the market ?

begin
buy ("tiers1") 1 contract next bar at market ;
TP1L = 5 ; // Take Profit "Level 1" Long
SLL = (lowest(low,3) - 1) ; // StopLoss set to the Lowest Low of the 3 bars previous to the buy signal.
setstopposition ;
setstoploss(SLL) ;
setprofittarget(entryprice + TP1L) ;
end;

see post #3
viewtopic.php?f=16&t=6929




ps. please use code tag when posting codes.

Ok thanks !

I now (seem to) get the OCO orders but i get right out of the market :// Can you tell me why ? It does not seem to compute the "entryprice" ? It all goes real fast but from the blink, i saw the TP order was set to 5 and not (entryprice + 5). Why ?


if ... then Thanks