Dear friends,
Is it possible to set up an automated limit order 30 points below recent low (pair of red-green candles) every time a red-green candle is formed?
You could definitely do this by coding the strategy. You would just need to code your condition, the red then green candles (Close[1] < Open[1] && Close[0] > Open[0]), then define the low point, which I’m assuming is the lower of the two candles, so (LowPoint = Math.Min(Low[1], Low[0])). From there, you can figure out the level you want to enter at (LowPoint - 30 points) using EnterLimitLong(LowPoint - (30 * Instrument.MasterInstrument.PointValue))
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