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Date/Time: Tue, 22 Apr 2025 02:54:30 +0000



Post From: Order Entry - Limit Order at Close of Last Candle?

[2023-02-14 22:51:43]
Sawtooth - Posts: 4209
Do I need a special custom "study" written that will automatically place the order at the previous candle closing price?
It could be done with the Spreadsheet System for Trading study.

Cells K3/M3 formulas return the signal.
If required, you can use cells O3 to Z3 for intermediate calculations.

Cells J22/J24 formulas return the Limit order price.
Reference row 4 for close of signal bar:
=E4
For a 2 tick offset above the High:
=C4+J21*2

Cells J71/J73 are set to L for Limit entry orders.