Enters a long position if the next bar's high is greater than or equal to the order price. This function is generally used by an Entry Block to initiate a position.

 

Syntax:

broker.EnterLongOnStop( stopPrice [, protectStopPrice] )

 

Parameter:

Description:

stopPrice

Stop order price

protectStopPrice

Value of the protect Exit Stop price to be used in case the market goes against the position (optional parameter when a protective exit price isn't wanted for the bar of entry).

 

Returns:

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:

  '  ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  '  When New Order is Created,...
  If system.OrderExists() THEN
    '  Apply Order Detail To Trade Information
    order.SetRuleLabel( sRuleLabel)
 
    '  Apply Order Details To Order Information
    order.SetOrderReportMessage( sRuleLabel)
  ENDIF '  s.OrderExists
  '  ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

 

Example:

broker.EnterLongOnStop( entryPrice, protectStopPrice )

 

OR

 

broker.EnterLongOnStop( entryPrice )

 

 


 

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