How to place an order that only gets executed within a certain price range.

Attila the trader

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HI,
Maybe I'm missing something but I couldn't find a solution anywhere . for example a stock is trading at 53.50 , you want to go long when it goes below 52 but not lower than 50, all this in one order , stop limit buy orders works in the other direction , stop gets triggered when a certain level is hit and becomes a market order and the limit acts as a celling , this is when price goes above a certain level, but I wont to enter long when it goes down .
 
HI,
Maybe I'm missing something but I couldn't find a solution anywhere . for example a stock is trading at 53.50 , you want to go long when it goes below 52 but not lower than 50, all this in one order , stop limit buy orders works in the other direction , stop gets triggered when a certain level is hit and becomes a market order and the limit acts as a celling , this is when price goes above a certain level, but I wont to enter long when it goes down .
anybody got an answer ?
 
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