Buy: Difference between revisions
From MultiCharts
m
→Entry types
m (→Entry types) |
|||
(2 intermediate revisions by the same user not shown) | |||
Line 2: | Line 2: | ||
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. | 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. | <div style="background-color: #FFE4E1;margin-bottom:10px;">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'''.</div> | ||
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. | ||
Line 33: | Line 33: | ||
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. | ||
=== | === Enter next bar at open === | ||
<syntaxhighlight>Next Bar At Open</syntaxhighlight> | <syntaxhighlight>Next Bar At Open</syntaxhighlight> | ||
or | or | ||
Line 44: | Line 44: | ||
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. | ||
=== | === Enter next bar at limit === | ||
<syntaxhighlight>Next Bar Price Limit</syntaxhighlight> | <syntaxhighlight>Next Bar Price Limit</syntaxhighlight> | ||
Line 53: | Line 53: | ||
A Buy Arrow will be placed on the next bar at the first tick with a price value less than or equal to '''Price'''; if there are no such ticks within the next bar, the order will be cancelled. | A Buy Arrow will be placed on the next bar at the first tick with a price value less than or equal to '''Price'''; if there are no such ticks within the next bar, the order will be cancelled. | ||
=== | === Enter next bar at stop === | ||
<syntaxhighlight>Next Bar At Price Stop</syntaxhighlight> | <syntaxhighlight>Next Bar At Price Stop</syntaxhighlight> | ||
Line 62: | Line 62: | ||
A Buy Arrow will be placed on the next bar at the first tick with a price value equal to or greater than the '''Price'''; if there are no such ticks within the next bar, the order will be cancelled. | A Buy Arrow will be placed on the next bar at the first tick with a price value equal to or greater than the '''Price'''; if there are no such ticks within the next bar, the order will be cancelled. | ||
== Examples == | |||
Buy a user-set number of shares at Market price on close of this bar: | Buy a user-set number of shares at Market price on close of this bar: | ||