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Date/Time: Sun, 22 Dec 2024 18:08:49 +0000



Take profit/stop loss for spreadsheet auto-trading

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[2015-05-04 18:08:33]
User81805 - Posts: 9
I cant quite figure out how to create a simple stop loss/take profit formula in the spreadsheet for trading.

I want the formula to close a long position if I am 0,25% below the average open cost of the trade or if I am 0,5% above the average open cost in the position, with the opposite numbers for a short position.

Some help with this would be much appreciated.
[2015-05-04 18:14:36]
Sierra Chart Engineering - Posts: 104368
We recommend using Attached Orders and setting the Offsets by using these percentages. Refer to:
https://www.sierrachart.com/index.php?page=doc/doc_SystemsAlerts.php#UsingManualOrAttachedOrdersExits

Attached Orders can use percentages.

Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing

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