15_Buy and Sell Bar's High - Low
Overview: The Buy Low/Sell High Tool is designed to simplify trading decisions by allowing users to place buy and sell orders based on specific points below the low or above the high of a bar on a chosen minute chart.
Usage:
Buttons: There are two buttons available: "Buy the Low + Points" and "Sell the High + Points".
Settings: Customize the settings according to your preferences:
Select the desired minute chart.
Specify the number of points below the bar low (for buy orders) or above the bar high (for sell orders).
Placing Orders:
Click "Buy the Low + Points" to place an order X points below the low of the chosen bar.
Click "Sell the High + Points" to place an order X points above the high of the chosen bar.
Order Quantity: The Entry Quantity specified in section 8 determines the number of contracts to submit for each order.
Multiple Orders: You can use this feature multiple times, with each click initiating a new order.
Cancel Orders:
To cancel orders, click "Close All" in section 12.
Alternatively, on the Price Ladder, click the X button on the bottom of the buy or sell side to cancel individual orders.
Settings:
Customize each button in the settings menu:
Choose the minute chart.
Specify the number of points below the low or above the high for buy and sell orders respectively.
Customize each button:
TF1: Choose the Time Frame button.
"+ Points": Specify the number of points above or below the bar's high or low for buy and sell orders, respectively.
">+ Real-Time" option instructs the app to use either the current bar's high or low. If unchecked, it will utilize the previous bar's high or low.