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Assume that I have created a system that issues a buy order as I'm
expecting it to go up, at which point I'll issue the sell.
How would I go about adding a condition in the system that ends up
creating a stop order in case I'm wrong.
For instance, suppose I want to sell if the price drops .50 below
the buy. I figure I can change my sell formula to be:
sell = (the original sell forumla) OR (if current price < buy
price - .50)
I just don't know how to write the 2nd part of this (if current
price < buy price - .50). I think I could get the rest but I'm not
sure what to use to identify the buy price.
Thanks again. Hopefully I'll be helping answer questions soon!
Mike
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