Execute action when price reaches or breaks "X"
Posted: Wed Dec 14, 2022 8:25 pm
Hi,
I have the demo version of NakedMarkets, and wanted to test a few simple strategies before I decide to purchase the software.
Basically I want NM to execute an action when price reaces a pre-defined level, even if the current bar hasn't closed yet. It could fx be at the break of a Donchian channel, or it could be a pre-defined price level. I've attached a screenshot to illustrate what I mean.
Can anyone help me figure out how to configure such rules?
Cheers!
I have the demo version of NakedMarkets, and wanted to test a few simple strategies before I decide to purchase the software.
Basically I want NM to execute an action when price reaces a pre-defined level, even if the current bar hasn't closed yet. It could fx be at the break of a Donchian channel, or it could be a pre-defined price level. I've attached a screenshot to illustrate what I mean.
Can anyone help me figure out how to configure such rules?
Cheers!