Enters a long position if the close of the next bar trades through the specified price. This function is generally used by an Entry Block to initiate a position.
Important Note: Limit Order Operation
Syntax: |
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broker.EnterLongAtLimitClose( limitPrice, [ protectStopPrice] ) |
Parameter: |
Description: |
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limitPrice |
Entry limit order price |
protectStopPrice |
This sets the protective stop price of the order, and the position (optional parameter when a protective exit price isn't wanted for the bar of entry).
Note: Orders with a price that is close are excluded from same day exits, so this protective stop is not used on the day of entry. |
Returns: |
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When a broker function succeeds it will place a True in the system.orderExists() and when it fails to this property will return a False. Before attempting to access any order information expected from a broker order, consider checking to confirm an order was created with a conditional statement similar to this: ' ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
Example: |
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' Enter the market if the close trades through the price target |
Links: |
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See Also: |
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Edit Time: 10/20/2020 3:55:23 PM |
Topic ID#: 282 |