I wanted to ask if there is a way to automatically place an order one tick beyond the close of the current bar before it closes. Some type of automatic breakout or trailing entry that gets triggered once the bar closes.I place Stop Limit Orders (SLO) and with volatility, sometimes the SLO has missed the desired entry price then I get the default error message that the SLO cannot be placed there and by the time I get that message out of the way and try to put a Limit Order, the price is too far gone. I scalp for very tight profit targets with tight stop losses so accuracy on my entries is crucial for my trading style and a few ticks can screw up my day, either by missing entries or for having to adjust my profit targets and stop losses to fit a late entry. Some other platform out there let you lock an entry price and if the SLO misses it, that order automatically converts into a limit order in case the price retests before it gets away. Is there any way to work around this issue?
Sorry if that has been answered before on another thread but I haven't found any article about it. Any help would be greatly appreciated.
Thanks!
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