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: |
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broker.EnterLongOnStop( stopPrice [, protectStopPrice] ) |
Parameter: |
Description: |
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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: |
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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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broker.EnterLongOnStop( entryPrice, protectStopPrice ) OR broker.EnterLongOnStop( entryPrice ) |
Links: |
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See Also: |
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Edit Time: 10/20/2020 3:49:29 PM |
Topic ID#: 286 |