Is it possible to create Buy At Limit on the Open orders?
Author: gfparker
Creation Date: 2/14/2018 4:22 AM
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gfparker

#1

2/14/2018 4:22 AM

I have used Buy Limit on the Open orders in my trading with Fidelity so I know Fidelity handles them. Essentially it is a Buy Limit order that is only in force on the open of a stock. This would seem to be a great way to get around the time it takes to get the open with GetSessionOpen method of gap trading.
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Eugene

#2

2/14/2018 5:40 AM

Wealth-Lab does not support LOO. To try to emulate this method in your strategy yourself you'd have to use GetSessionOpen and intraday data.
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Cone

#3

2/15/2018 6:35 AM

I think this method will work to emulate LOO... if it's not obvious, this one is for exits only ;)

CODE:
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Eugene

#4

2/15/2018 6:53 AM

Nice. Let's include it in Community Components.
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Cone

#5

2/15/2018 12:56 PM

Corrected the order of <= and >= for limit exits above.
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Cone

#6

2/20/2018 6:20 PM

While we're at it, let's finish this up with the entry too....

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Example usage in a bar loop...
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Eugene

#7

2/21/2018 6:15 AM

Committed to C.Components for v2018.03. Thanks Robert.
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Eugene

#8

2/28/2018 8:00 AM

Community Components v2018.03 with EnterAtLOO and ExitLOO methods is out. Anyone interested please update the extension.
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