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Date/Time: Tue, 25 Feb 2025 07:14:00 +0000



Post From: Trailing Stop as Parent order in Spreadsheet system for trading

[2021-04-01 21:19:13]
Sawtooth - Posts: 4175
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.