Scripts: Straddle Orders Around Current Price Level
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Straddle Orders Around Current Price Level:
A script to place straddle orders around current price level to catch price spikes around announcements.
The idea would be that they expire after a certain time period and would straddle the current price action a certain number of points.
If there is an existing open position, the position's stop loss would be set to 1 point less than the opposite order. If the script fail to set the position stop loss, the script would then just close the position and create the straddle orders.
Author: Marcus Wyatt