Basic Conditional Order Question


New member

I am trying to set up a conditional order to buy or sell when price closes above or below a moving average, but I can't get it to work correctly. For example, I set up the following study condition for a 15 minute chart in the order rules section:

AUD/JPY '(price=bid);close is greater than MovAvgExponential("length"=21)."AvgExp";15m' IS TRUE.

However, the order is filled when price only prints above/below the moving average, instead of when the candle closes. What am I doing wrong? Should it be "close crosses above" instead, or...?
That seems more like a condition for the scanner instead. You would need to use the AddOrder function with proper condition.
That seems more like a condition for the scanner instead. You would need to use the AddOrder function with proper condition.
Hi Ben is it possible to make scanner based on New yearly highs ,so that we can catch it 10%/20% percent below New yearly highs supporting with a trend strength indicator. to go Long .

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
436 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.