Analysis Techniques & Strategies
Name | Type | Default | Description |
LongOrShort | Numeric | 1 | Used to indicate the type of entry; use 1 for Long, 2 for Short. |
DayOrGTF | Numeric | 1 | Used to indicate the type of order behavior; use 1 for a Day order, 2 for good-till-filled (GTF.) |
RangeHi | Numeric | 105 | Indicates the High value of the range to enter long on a stop or short as a limit. |
RangeLo | Numeric | 95 | Indicates the Low value of the range to enter long as a limit or short on a stop. |
Quantity | Numeric | 1000 | Specifies the number of shares to enter into the position. |
EffectiveBarDate_YYMMDD | Numeric | 020102 | Date on which the order should become active, in YYMMDD format. |
EffectiveBarTime_HHMM | Numeric | 1300 | Time at which the order should become active, in 24 hour HHMM format. This value is only used in an intra-day chart |
Directional entry (long or short depending on the input) that will be generated via a Stop or Limit order, whichever occurs first.
The _Single 1dir Rnge En strategy will generate a single entry (either long or short) depending on the input; it will be generated as either a stop or limit order, depending on which side of the specified price range is reached first. You may indicate the direction of entry (long or short), the number of shares, and the date and/or time that the order becomes active.
This strategy allows you to set a limit order for a favorable price along with a stop order if the market moves in your anticipated direction.
This strategy will only work on charts using an Intra-day or Daily bar interval.
Order Name: Buy, Buy #2, Short, or Short #2 (system-generated default names)
Related Strategy: None
Related Function(s): None