Support Board
Date/Time: Thu, 28 Mar 2024 12:02:48 +0000
[User Discussion] - Spreadsheet System - Reverse Position with single order
View Count: 624
[2019-12-09 17:17:49] |
User819680 - Posts: 7 |
Is it possible to setup a spreadsheet system to submit a single order to reverse position. For example, if my order size is 100 and I am long 100 and a Sell Entry is hit, I would like the Sell Entry order to be for 200 units, rather than a closing sell order of 100 and an opening sell order of 100. Thanks, |
[2023-02-17 20:04:13] |
User658125 - Posts: 19 |
I've been looking for an answer to this for a long while as well. It seems like it should be relatively simple.
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[2023-02-18 00:44:23] |
User61168 - Posts: 318 |
yes.. it is as simple as a single click to enable "support reversals" in the spreadsheet system study settings. Same is the case for simple alert trading system study as well. EDIT: And if you want to add positions, "allow multiple entries in same direction" will magically do it for you as well. Date Time Of Last Edit: 2023-02-18 00:46:27
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[2023-02-18 13:51:33] |
Sawtooth - Posts: 3952 |
To increase the order quantity on a reversal, or when scaling in, you need to use a formula in J26 that returns the new quantity, like this: =IF(J8<>0,2,1) This will start with 1 and return 2 when in a position. Or =IF(J8<>0,ABS(J8)*2,1) This will start with 1, and double the quantity when in a position. If you want to increase the order quantity to a daily max, see this example: https://www.sawtoothtrade.com/example-2.html |
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