diff --git a/freqtrade/optimize/backtesting.py b/freqtrade/optimize/backtesting.py
index 35761c54c..aadda6dbd 100755
--- a/freqtrade/optimize/backtesting.py
+++ b/freqtrade/optimize/backtesting.py
@@ -816,9 +816,7 @@ class Backtesting:
                 # Update trade open_rate on first filled order
                 # this is for cases where adjust_entry_order might have replaced the
                 # initial order from trade opening
-                if len(trade.select_filled_orders(trade.entry_side)) == 1:
-                    trade.open_rate = order.price
-                order.close_bt_order(current_time)
+                order.close_bt_order(current_time, trade)
             else:
                 trade.open_order_id = str(self.order_id_counter)
             trade.orders.append(order)
@@ -1052,7 +1050,7 @@ class Backtesting:
                     # 3. Process entry orders.
                     order = trade.select_order(trade.entry_side, is_open=True)
                     if order and self._get_order_filled(order.price, row):
-                        order.close_bt_order(current_time)
+                        order.close_bt_order(current_time, trade)
                         trade.open_order_id = None
                         LocalTrade.add_bt_trade(trade)
                         self.wallets.update()
diff --git a/freqtrade/persistence/models.py b/freqtrade/persistence/models.py
index 299032bb4..c5ea34a30 100644
--- a/freqtrade/persistence/models.py
+++ b/freqtrade/persistence/models.py
@@ -219,11 +219,15 @@ class Order(_DECL_BASE):
             'remaining': self.remaining,
         }
 
-    def close_bt_order(self, close_date: datetime):
+    def close_bt_order(self, close_date: datetime, trade: 'LocalTrade'):
         self.order_filled_date = close_date
         self.filled = self.amount
         self.status = 'closed'
         self.ft_is_open = False
+        if (self.ft_order_side == trade.entry_side
+                and len(trade.select_filled_orders(trade.entry_side)) == 1):
+            trade.open_rate = self.price
+            trade.recalc_open_trade_value()
 
     @staticmethod
     def update_orders(orders: List['Order'], order: Dict[str, Any]):
diff --git a/tests/optimize/test_backtest_detail.py b/tests/optimize/test_backtest_detail.py
index f2e2c89ad..aab864431 100644
--- a/tests/optimize/test_backtest_detail.py
+++ b/tests/optimize/test_backtest_detail.py
@@ -760,16 +760,29 @@ tc48 = BTContainer(data=[
     [0, 5000, 5050, 4950, 5000, 6172, 1, 0],
     [1, 5000, 5500, 4951, 5000, 6172, 0, 0],  # timeout
     [2, 4900, 5250, 4500, 5100, 6172, 0, 0],  # Order readjust
-    [3, 5100, 5100, 4650, 4750, 6172, 0, 0],
+    [3, 5100, 5100, 4650, 4750, 6172, 0, 1],
     [4, 4750, 4950, 4350, 4750, 6172, 0, 0]],
-    stop_loss=-0.01, roi={"0": 0.10}, profit_perc=0.1,
-    timeout=1000,
-    custom_entry_price=4200,
-    adjust_entry_price=5200,
-    trades=[BTrade(exit_reason=ExitType.ROI, open_tick=1, close_tick=2, is_short=False)]
+    stop_loss=-0.01, roi={"0": 0.10}, profit_perc=-0.087,
+    use_exit_signal=True, timeout=1000,
+    custom_entry_price=4200, adjust_entry_price=5200,
+    trades=[BTrade(exit_reason=ExitType.EXIT_SIGNAL, open_tick=1, close_tick=4, is_short=False)]
 )
 
 
+# Test 49: Custom-entry-price short above all candles - readjust order
+tc49 = BTContainer(data=[
+    # D   O     H     L     C    V    EL XL ES Xs  BT
+    [0, 5000, 5050, 4950, 5000, 6172, 0, 0, 1, 0],
+    [1, 5000, 5200, 4951, 5000, 6172, 0, 0, 0, 0],  # timeout
+    [2, 4900, 5250, 4900, 5100, 6172, 0, 0, 0, 0],  # Order readjust
+    [3, 5100, 5100, 4650, 4750, 6172, 0, 0, 0, 1],
+    [4, 4750, 4950, 4350, 4750, 6172, 0, 0, 0, 0]],
+    stop_loss=-0.01, roi={"0": 0.10}, profit_perc=0.05,
+    use_exit_signal=True, timeout=1000,
+    custom_entry_price=5300, adjust_entry_price=5000,
+    trades=[BTrade(exit_reason=ExitType.EXIT_SIGNAL, open_tick=1, close_tick=4, is_short=True)]
+)
+
 TESTS = [
     tc0,
     tc1,
@@ -820,6 +833,7 @@ TESTS = [
     tc46,
     tc47,
     tc48,
+    tc49,
 ]