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Date/Time: Fri, 18 Oct 2024 08:41:23 +0000

Post From: Spreadsheet Trading - synthetic take profit stop loss

[2015-07-23 11:54:52] Link To Thread - Link To Post [Go To First Post]
Sawtooth - Posts: 4096
More info is needed as to why your take profit formula doesn't work. Most brokers do not offer server-side management of OCO orders, but OCO orders can be managed on your computer by Sierra Chart. This is done by using an Attached Orders configuration. If you need to use a formula for your target and stop levels, you can set the initial Attached Orders' target and stop prices in cells J80, J81. You can then modify those levels using the Trade Management By Study study that references formulas on the spreadsheet. Or you could place an Attached Orders OCO target and stop but exit with a formula in L3/N3. All of the functionality you want is already available.