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Date/Time: Wed, 04 Dec 2024 19:32:44 +0000



Post From: Spreadsheet trading: cant place an exit stop loss order with a working take profit

[2024-11-15 09:09:48]
User745789 - Posts: 327
When my spreadsheet places an entry order, the associated attached take profit order is placed by the Trade Window, using attached orders. It works perfectly.

However I still need to place a stop loss at a certain level. I am not able to use attached bracket orders for this as the stop loss level depends on the price action, not a fixed number of ticks as required by the Trade Window settings.

...So I use the spreadsheet to place the stop loss order: Using Col L "Buy Exit" my condition to trigger an exit is =J5<>0, that means I have a position, now place an stop loss at the specified level.

However the error in the Trade Services Log is:

"BuyExit signal ignored. Long position quantity does not exist or there are already working exit orders that will flatten the position..."

I believe it is the bold text that is the problem - why cant I place a stop loss order via the spreadsheet? I have the Trading Window set to cancel all orders when a position is flattened. So having two working exits is not an issue.

How do I solve this?