Buy: Difference between revisions
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When a Buy order is filled, any open short positions will also be closed. | When a Buy order is filled, any open short positions will also be closed. | ||
== Usage == | |||
<syntaxhighlight>Buy[("EntryLabel")][TradeSize]EntryType;</syntaxhighlight> | <syntaxhighlight>Buy[("EntryLabel")] [TradeSize] EntryType;</syntaxhighlight> | ||
Parameters inside the square brackets are optional | Parameters inside the square brackets are optional -if these aren't defined, the default is used. | ||
== Parameters == | |||
:'''EntryLabel''' - an optional parameter; assigns a name that will be displayed in the name label below the entry, and can be used to identify the particular entry and to tie an exit to it. | |||
::An exit can only be tied to an entry within the same signal; for more information, see [[Sell]]. | |||
::If '''EntryLabel''' is not specified, the name "Buy" will be used for the first entry, "Buy#2" for the second entry, "Buy#3" for the third entry, etc. | |||
:'''TradeSize''' - an optional parameter; a numerical expression, specifying the number of contracts or shares to buy; the expression must be followed by one of the following equivalent words: [[Share]], [[Shares]], [[Contract]] or [[Contracts]]. | |||
::If '''TradeSize''' value equals 0 or is negative, a long position will not be entered but any open short positions will be closed. | |||
::If '''TradeSize''' is not specified, the trade size value set by the user in the Properties tab of the Strategy Properties window will be used. | |||
:'''EntryType''' - a required parameter; specifies the timing and price of entry. | |||
== Entry types == | |||
There are four kinds of EntryType: | There are four kinds of EntryType: | ||
<syntaxhighlight>This Bar | === Enter this bar on close == | ||
<syntaxhighlight>This Bar On Close</syntaxhighlight> | |||
Where: - [[ | Where: | ||
:'''On''' - is a [[:Category:Skip_Words|skip word]] and can be omitted. | |||
A Buy Arrow will be placed at the current bar's [[Close]] tick. | A Buy Arrow will be placed at the current bar's [[Close]] tick. | ||
<syntaxhighlight>Next Bar | === Buy next bar at open === | ||
<syntaxhighlight>Next Bar At Open</syntaxhighlight | |||
or | |||
<syntaxhighlight>Next Bar At Market</syntaxhighlight> | |||
Where: | Where: | ||
:Words '''"Market"''' and '''"Open"''' are interchangeable. | |||
- [[ | :'''At''' - is a [[:Category:Skip_Words|skip word]] and can be omitted. | ||
A Buy Arrow will be placed at the next bar's [[Open]] tick. | A Buy Arrow will be placed at the next bar's [[Open]] tick. |