Dear support,

I am trying to incorporate PLACE_BID/PLACE_OFFER to my strategy, but having some problems.

The simple BUY order would look something like this:

order = engine.submitOrder(getLabel(), instrumentas,IEngine.OrderCommand.BUY, 0.01);

Accordingly, PLACE_BID would look something like this:

order = engine.submitOrder(getLabel(), instrumentas,IEngine.OrderCommand.PLACE_BID, 0.01, 1.5367);

As you can see, I can only make PLACE_BID at a specified price only (1.5367 in this example). How could I make it that the PLACE_BID would be put one pip from the current market price all the time? I mean, if the buy condition is met, it would just take the current market price and place bid one pip from it. Could you give me some ideas or sample code?

Thank you,
Sarunas

Edit

Hi,
You can use the following to place bid order at the current market price:

order = engine.submitOrder("label", instrument, IEngine.OrderCommand.PLACE_BID, amount, 0); 

Also, you can extract the value of the last tick from history:

history.getLastTick().getAsk() or history.getLastTick().getBid() 

and use it to calculate the required price for the above bid order:

double price = history.getLastTick(instrument).getBid() + 1 * instrument.getPipValue();

where instrument variable represents the instrument you use.