Buy if goes above open

DonLincolnUts

New member
Hello

Below is the Study code DailyOpen() which comes with TOS Studies, and draws a line at the opening price of the day for any stock.

How can this be turned in to a strategy so that the strategy will ONLY buy the stock when the price goes above DailyOpen. Attached is a sample picture when the stock stayed lower and then came back up and went above opening price.


input aggregationPeriod = AggregationPeriod.DAY;
input showOnlyLastPeriod = yes;

def prevPrice = open(period = aggregationPeriod)[-1];
def price = open(period = aggregationPeriod);
plot DailyOpen = if showOnlyLastPeriod and !IsNaN(prevPrice) then Double.NaN else price;

DailyOpen.SetDefaultColor(GetColor(2));
DailyOpen.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);

When I place this order it shows the area where condition is true, but the order never fills and just follows the price

BUY +10 HEPA MKT MARK WHEN HEPA STUDY 'close > DailyOpen()

0522230727.PNG


0522230742.PNG
 
Last edited:
I am not sure exactly. It seems basic enough, like it should work, especially considering the alert value at the bottom is triggering. Perhaps one of TOS's annoying quirks is throwing it off. Try disabling extended hours, or just change the aggregation of the conditional to Daily and use Close > Open, without referencing the study. Can you show me the order rules screen prior to the code editor?
 

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