Buy

Enters a long position as specified by the parameters. The entry point is visually indicated on a chart by an Arrow and a Tick. The Arrow identifies the time and the Tick identifies the price value of the entry point. Labels, displaying the entry name and the number of contracts or shares traded, are displayed below the Buy Arrow.

An order is executed at the point specified by the parameters; if the order is not filled within the specified bar, the order is cancelled.

When a Buy order is filled, any open short positions will also be closed.

Usage

Buy[("EntryLabel")][TradeSize]EntryType;

Parameters inside the square brackets are optional

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Example

Buy a user-set number of shares at Market price on close of this bar:

Buy This Bar On Close;

Buy 1 share at Market price on open of next bar and label the entry "Entry":

Buy("Entry")1 Share Next Bar At Open;

Buy 1 contract at Market price on open of next bar and label the entry "Entry":

Buy("Entry")1 Contract Next Bar Market;

Buy 2 shares within the next bar on the first tick with a price of 100 or less:

Buy 2 Shares Next Bar At 100 Limit;

Buy 10 contracts within the next bar on the first tick with a price of 50 or more:

Buy 10 Contracts Next Bar 50 Stop;