AddOrder On First Candle Of Each Day

[StockFibber]

Hi, I want to add an order at the first candle of each trading day, but currently what I have is only posting an order on the first day and none of the subsequent days. I plotted "dayopen", "daytime" and "secondstillTime(start)" to see if they are doin what I expect and it looks like they are. When I have a 5 day, 1 minute chart setup, only the first day gets an order, how do I get an order on the first candle every day?

# day_open1

def na = Double.NaN;

# open/close times  (EST)
input start = 0930;
input end = 1600;
input shares = 5;
input ProfitTargetPcnt=0.05;

def dayopen = if secondstillTime(start) == 0 then 1 else 0;
def daytime = if secondsfromTime(start) >= 0 and secondstillTime(end) > 0 then 1 else 0;

def openbar = if !daytime then na
 else if dayopen then hlc3
 else openbar[1];


AddOrder(OrderType.BUY_TO_OPEN,dayopen, open[-1], shares, Color.YELLOW, Color.YELLOW);

plot z1 = openbar;
z1.SetDefaultColor(Color.green);
z1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
z1.hideBubble();

 

[mashume]

This is the intended operation of the ToS AddOrder() function. WIthout making some changes, it will only place a single 'open' order of any sort. It will place additional orders after you have 'closed' the open position.

To change this behavior, per the manual page here:
https://tlc.thinkorswim.com/center/reference/thinkScript/Functions/Others/AddOrder

you need to open the global settings page by clicking the bottom left button in this screen shot:

This box then opens:

Setting the radio button to "regardless of the entry that generated the order" will allow the same script (in your case the same BUY_TO_OPEN AddOrder() call to 'open' additional positions up to the number specified in the top box. If you set the number to 2, your script will buy at the open twice, if you set it to 7, then 7 order may be placed.

-mashume