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Date/Time: Fri, 24 Jan 2025 03:49:24 +0000



[User Discussion] - stop order 13 ticks from low

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[2018-12-18 18:06:24]
aknsyu71@gmail - Posts: 54
Hope someone can help me here, it seams pretty simple?!

I use 12 tick rangebars, would like to place a buy stop 13 ticks above the current candles low. The current candle is still forming ie not closed.

I realise of course that I can count the ticks and place stop orders but that is too slow sometimes and tedious and would rahter do this visually (place a buystop 13ticks above the low by choosing the low of the bar) or have a buy/sell button for it.

Anyone know how to do this (not with ASCIL please)
Thank you
:-)
[2018-12-18 19:17:41]
Sawtooth - Posts: 4162
Try this:

Add the Spreadsheet Formula study.
-Use this formula:
=L+TICKSIZE*13
-Set 'Number of Bars to Calculate to 1
-On the Subgraphs tab, set the Draw Style to Dash.
[2018-12-18 20:07:15]
aknsyu71@gmail - Posts: 54
Thank you so much Tom,
Although trying not to use spreadsheets because its a manual entry, when I see my signal bar I would like to enter on the close of it.

Spreadsheet trading would be hard to enable and disable in time as I filter some signals on discretion.
The trading system by alert condition comes close if I could enable/disable it with a ACS button?!

I was hoping there is a entry type that I missed that would serve a purpose. Like a stop order with an offset of 13 ticks.
[2018-12-18 20:20:31]
Sawtooth - Posts: 4162
The Spreadsheet Formula study is not a spreadsheet study.

Just try it. It will do what you want.
[2018-12-18 20:33:06]
aknsyu71@gmail - Posts: 54
oh I see, forgive me I missed what you meant even though you put it in bold! :-)
Thats great, it gives me a visual level to place the order on.

Thank you very much
[2018-12-18 20:58:52]
Sawtooth - Posts: 4162
You could also use the Range Bar Predictor study and place the order 1 tick above its upper mark.

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