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> I know there is a way around this problem...
>
> TradeStation seems to allow you only to execute orders at the next
> bar or the current bar on close? I would like to execute a market
> order on the very tick that my strategy says that it is a good
> trade.
You are correct: your system code runs ONLY when the bar closes --
NOT at any time while the bar is forming. The only way to execute
strategy logic on a specific tick is to run the *system* on every
tick, and the only way to do that is to run the system on a 1-tick
chart.
If, in advance, you know a *price* where you want to buy/sell/exit,
you can place a *price* stop on bar N that takes effect on bar N+1.
That order will be executed on the exact tick that hits your
specified price.
But if you need to examine every tick -- or every 1min bar, or
whatever -- to decide if your strategy says it's a good trade, then
you have to run your system on bars of that size.
Gary
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