Support Board
Date/Time: Sun, 22 Dec 2024 13:05:15 +0000
Take profit/stop loss for spreadsheet auto-trading
View Count: 2058
[2015-05-04 18:08:33] |
User81805 - Posts: 9 |
I cant quite figure out how to create a simple stop loss/take profit formula in the spreadsheet for trading. I want the formula to close a long position if I am 0,25% below the average open cost of the trade or if I am 0,5% above the average open cost in the position, with the opposite numbers for a short position. Some help with this would be much appreciated. |
[2015-05-04 18:14:36] |
Sierra Chart Engineering - Posts: 104368 |
We recommend using Attached Orders and setting the Offsets by using these percentages. Refer to: https://www.sierrachart.com/index.php?page=doc/doc_SystemsAlerts.php#UsingManualOrAttachedOrdersExits Attached Orders can use percentages. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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