Support Board
Date/Time: Tue, 25 Feb 2025 07:13:17 +0000
[User Discussion] - Trailing Stop as Parent order in Spreadsheet system for trading
View Count: 534
| [2021-04-01 19:31:25] |
| Trade-Mekoome - Posts: 7 |
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Hello! Is it possible anyhow to make Traling stop as a parent order in Spreadsheet system for trading study? For example: Buy entry conditions met at price level 200 USD, Trailing stop order placed at 200,30 USD with trailing amount 0,30 USD. Price going lower - we'are getting better enter, going higher - buy at 200,30 USD. I think it is very logical, but can not find any way how to arrange that. |
| [2021-04-01 21:19:13] |
| Sawtooth - Posts: 4175 |
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The Spreadsheet System for Trading study can place a parent BuyStop entry but it cannot be moved. Only child orders can be moved. It is possible to cancel the BuyStop entry, and re-enter it, but not within the same bar. This can tricky to do and as such it is a limitation that basically makes it a difficult workaround. The way to do this with the spreadsheet study is to not actually place the order, but make its entry conditions persistent, and 'trail' the entry price in a formula. The exact details of how to do this is beyond what could be shared in a forum post. |
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