Conditional order just won't work

LongGuy

New member
I am trying to submit a conditional order that buys when the price is close to 9EMA on the 5m chart.
Code I am using within the Condition setup is:
def MA = MovAvgExponential(close,9,0,no);
def price=low;
def tol =absValue(low-MA)/MA;
plot x=tol<0.001;

I place the order and I always get an error "Order position effect could not be safely calculated...."

I tried using shares and dollars for amounts. Limit/Market for order type. Same error.

Would greatly appreciate any help.
 
Solution
I am trying to submit a conditional order that buys when the price is close to 9EMA on the 5m chart.
Code I am using within the Condition setup is:
def MA = MovAvgExponential(close,9,0,no);
def price=low;
def tol =absValue(low-MA)/MA;
plot x=tol<0.001;

I place the order and I always get an error "Order position effect could not be safely calculated...."

I tried using shares and dollars for amounts. Limit/Market for order type. Same error.

Would greatly appreciate any help.
It is not possible to say where you have gone astray as you would need to provide a step-by-step documentation.

Order Position generally refers to an error in quantity. You can't be using dollar amounts.
I am trying to submit a conditional order that buys when the price is close to 9EMA on the 5m chart.
Code I am using within the Condition setup is:
def MA = MovAvgExponential(close,9,0,no);
def price=low;
def tol =absValue(low-MA)/MA;
plot x=tol<0.001;

I place the order and I always get an error "Order position effect could not be safely calculated...."

I tried using shares and dollars for amounts. Limit/Market for order type. Same error.

Would greatly appreciate any help.
It is not possible to say where you have gone astray as you would need to provide a step-by-step documentation.

Order Position generally refers to an error in quantity. You can't be using dollar amounts.
 
Last edited:
Solution
Thanks Merry! I think your post helped me. My sell orders in OCO were not "100%" but were actual amount of shares (different from the buy amounts). I think that's what put it off. I replaced it with 100% and now it seems to work (at least in AH). Will test real time tomorrow. Thanks again for taking the time. I see you are an administrator. You are running a great forum. Cheers!
 

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
450 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.
Back
Top