Algo Trading Tradestation Tip - At$ Keyword

[@franciscovanzolini7477]

Awesome!! It will save a lot of time!! Tks for sharing

[@AlgoTradingWithKevinDavey]

I hope so!

[@leemc2742]

Very useful tip, thanks Kevin.

[@AlgoTradingWithKevinDavey]

Glad it was helpful!

[@roystoncartwright5640]

thank you 😊 I'm very new so don't know what's my favourite but I bought your book and it has given me loads of ideas to go off and learn

[@AlgoTradingWithKevinDavey]

Glad to hear this!

[@roystoncartwright5640]

would there be any chance we could have an example of this being used hope you have a great day 😊

[@AlgoTradingWithKevinDavey]

@@roystoncartwright5640 at 1:21 I show sample code. You just have to add entry code to it.

[@roystoncartwright5640]

thank you Kevin 😊 hope you are having a great day 😀

[@covingtoncreek]

For this question assume I'm using daily bars. "sell next bar at low stop" will place a stop tomorrow at the low of today. "sell next bar from entry ("MyEntry") at$ low stop" will place a stop at the low of tomorrow? But that will continually be changing throughout the day (tomorrow)? At the open tomorrow, the open is actually the low (and high) of tomorrow, at least for a moment. So you've already hit your stop?

[@AlgoTradingWithKevinDavey]

I believe it will be the low of the entry bar. You could use print statements to debug and check this.

[@covingtoncreek]

@@AlgoTradingWithKevinDavey That makes sense. You could watch it with live data, to see if it's adjusting and changing the way you think it should.

[@AlgoTradingWithKevinDavey]

@@covingtoncreek worth a test for sure!

[@danilam_]

Is there a possibility to use previous bar before entry in the similar fashion? Like at$1 or something?

[@AlgoTradingWithKevinDavey]

Have not tried that, you'd have to see if that is also a Tradestation reserved keyword.

[@HateDietPepsi]

Yes. Just use "Sell next bar from entry ("buy code") at$ low[1] stop. I often use something like the at$ with "Sell next bar from entry ("buy code") at$ lowest(L,8) - 2 points stop. This puts the stop at the lowest low of the previous 7 periods plus the entry period plus minimum unit of movement (like 0.25 for ES, 2 points = 0.5). They have a pdf online for "Learning EasyLanguage Functions and Reserved Words." Suggest you use this reference to aid in your coding.

[@AlgoTradingWithKevinDavey]

@@HateDietPepsi - Thanks for sharing. Been using TS for 20+ years, never knew about the at$ keyword before!