EL Limit orders

Discussion in 'Automated Trading' started by BricksandMortar, Dec 22, 2006.

  1. I am having some trouble writing a limit orders to work with my automated strategies.

    So here is what I need. My strategies go like this if condition1 and condition2 and condition3 then buy next bar market.

    What I am trying to do is instead of buying market is to place a buy limit order 2 es ticks below the low of the previous bar.

    The best way to describe the strategy is an expansion break down but instead of going short I am looking to buy so many ticks below the low.

    Any takers?
  2. anyone?
  3. Wow...you're a bit impatient, aren't you ?

    Buy ("BuyLo") 20 contracts Next Bar at low[1] - 2 Points Limit;