Support Board
Date/Time: Wed, 15 Jan 2025 15:56:39 +0000
Post From: Auto-Trading Spreadsheet System with Multiple Entries and auto-adjusted Stop(s)
| [2017-05-01 05:32:16] |
| User637433 - Posts: 2 |
|
I am trying to figure out if there is a way to program a Spreadsheet System for autotrading that knows I am already currently in a position (that I may have entered manually) and would then ADD Multiple Entries at prices I Pre-Define and Then Sierra Automatically would adjust a Trailstop on the Overall position based on the added contracts. I might want the option of pre-defining various entries using actual price points or touched ID.SG that I define. Example-1: I am Long 2 contracts from 108.00 (a trade I manually entered) and I activate Autotrade and it sees I am currently in a position. Autotrade would then add (Buy) 2 more contracts if Price Touches 108.20 and automatically adjust my stop to Position Breakeven +1 tick (108.11) Autotrade would then add (Buy) 3 more contracts if Price Touches 108.50 and automatically adjust my stop to Position Breakeven +3 ticks (108.28) I may want to keep adding at my defined price points and contract amounts above the market and the Stop automatically adjusts. Example-2: Autotrade triggers a trade based on my indicator criteria (maybe MA CROSSFROMABOVE) and I become Short 2 contracts from 108.90 Autotrade would then add (Sell) 2 more contracts if Price Touches ID3.SG2 and automatically adjust my stop to Position Breakeven -1tick (108.82) Autotrade would then add (Sell) 3 more contracts if Price Touches ID4.SG1 and automatically adjust my stop to Position Breakeven -3ticks (108.68) I may want to keep adding Sell Shorts at my various defined Indicator or Price Touched Points and contract amounts below the market and the Stop is automatically adjusted. If I can't code various different Custom trailstops, then I would want the system to keep trailstop to Position Breakeven -3 ticks ~ So there theoretically would always be 3 ticks of protected profit on the overall changing position. |