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Date/Time: Sun, 22 Dec 2024 05:37:41 +0000



[User Discussion] - REQUEST - Spreadsheet for Trading -

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[2015-07-14 04:53:06]
djcurcio - Posts: 236
It would be very useful to have the ability to STOP Auto Trading when J11 Cumulative Closed P/L hits a certain number. For example: TradingStop=OR($J$11 >= 1000, $J$11 <= -200)

It would also be very useful to have the ability to STOP Auto Trading when on has nn Consecutive loosing trades.

Thanks
[2015-07-14 22:09:07]
Sawtooth - Posts: 4141
It would be very useful to have the ability to STOP Auto Trading when J11 Cumulative Closed P/L hits a certain number. For example: TradingStop=OR($J$11 >= 1000, $J$11 <= -200)
You can do this with a formula in J28, but you'll probably need to use a variation of this example that allows an exit:
http://www.sawtoothtrade.com/example-4.html

It would also be very useful to have the ability to STOP Auto Trading when on has nn Consecutive loosing trades.
Here's an example of how to do this:
http://www.sawtoothtrade.com/example-1.html
[2015-07-14 23:22:23]
djcurcio - Posts: 236
I've been experimenting with this and there is a bit of a problem - J!! Cumulative Closed P/L is inaccurate and is NOT the same as the day's DRAWDOWN. So one can end up with a much larger loss than anticipated as positions are flattened.
Sierra please add a DAY's DRAW DOWN field.
Thanks
[2015-07-14 23:32:05]
Sawtooth - Posts: 4141
J11 is based on the number of days in the Trade Activity Log
http://www.sierrachart.com/index.php?page=doc/doc_SystemsAlerts.php#CellJ11

Use J45 for the Daily P/L
http://www.sierrachart.com/index.php?page=doc/doc_SystemsAlerts.php#CellJ45

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