Support Board
Date/Time: Tue, 22 Apr 2025 03:18:53 +0000
Post From: Order Entry - Limit Order at Close of Last Candle?
| [2022-01-27 03:16:35] |
| absorrel4 - Posts: 100 |
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I am working with 10 second candles on the Mini NQ. Relatively fast moving and not a lot of time to place orders. I am currently using a SC Buy and Sell button on the toolbar which is nothing more that a one click limit order (buy or sell) and then the attached orders kick in when the order is filled. Below is how I am currently entering the orders via the SC one click limit order button followed by what I would like to accomplish. Current One Click Limit Order Entry: My buy or sell signal comes at the close of the 10 second candle....I must wait for the completion of that candle for signal confirmation. I then enter a limit order via the one click SC buy/sell button once the following candle begins (i.e., my signal candle has given me a buy or sell set up and I enter the order as soon as the next candle starts). I want my order to be filled at the signal candle (i.e., precious candle) closing price or better. With the volatility and short timeframe nature of 10 second candles, sometimes my limit order gets filled at the signal candle closing price...sometimes at a better price...sometimes at a worse price...sometimes not filled at all. What I Would Like To Accomplish: Is there a way to do the following?? Once my buy or sell signal candle completes, and immediately upon the start of the following candle, I would like a one click buy or sell limit order which AUTOMATICALLY places the order at the signal candle's (i.e., previous candle) closing price. That way, if my order is filled it will be at the previous candle (signal candle) closing price or better. If the price moves quickly away without filling my limit order, I could simply cancel the order via the chart trading/attached orders method as I currently do. Is there a way to accomplish this? Do I need a special custom "study" written that will automatically place the order at the previous candle closing price? Thanks... |