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Larry - thanks a ton. This has clarified an issue that was not really
explained well.
CALCULATED Stop and limit orders currently CANNOT be placed based on a
FUTURE open date....
only the CURRENT open.
I can see the need for this type of order.....I am amazed Omega did not
provide for this in TSi2000 !!
-----Original Message-----
From: Larry McBride [mailto:lcmcb@xxxxxxxxxxx]
Sent: Friday, October 29, 1999 2:45 PM
To: M. Simms
Subject: RE: Next Open overhead ?
> If Condition1 then Buy at next open;
>
> Above: I am in the current bar and I am entering an order to buy
> tomorrow at
> the market open.
> This works fine in TSi2000.
>
> My problem is that I see systems using indicators based on the
> Close/High/Low of today and
> performing an order to buy/sell, etc. TODAY based on that
> information !!!!!
> Omega should have prevented this from happening or at least "flagged" the
> condition in the Editor.
Depends on what you're doing. I like to be able to say:
If Condition1 then Buy at nextopen + delta stop;
If Condition2 then exitlong today at the close;
It is quite possible to watch the close and see if Condition2 is met. I do
this all the time. The problem is that without the nextopen dll
EasyLanguage won't allow this.
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