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Date/Time: Tue, 26 Nov 2024 06:55:38 +0000



[User Discussion] - Automated trading spreadsheet

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[2014-04-19 18:52:52]
Jaap - Posts: 3
Hello, I know the SC guys don't give support with the spreadsheet formulas but I hope some other user is willing to help me with this one. I am really hopeless with Exel and spreadsheets and I am having great difficulties in writng the correct formulas for my setups.
I am workin with two simple Moving Averages and I would like to automate my buy and sell orders.

Setup Buy entry: a setup occurs at the close of a 5 min. bar when SMA1 closes above SMA2 and the price closes above SMA1.
Setup Sell entry:a setup occurs at the close of a 5 min. bar when SMA2 closes below SMA1 and the price closes below SMA2.
this means I only want to look for setups at the close a every 5 min. bar.
Targets and stops are 8 ticks in both cases.
As long as there is 1 working order no new orders are allowed.

Could anyone supply me with a correct formula for the SC spreadsheet. It would save me a lot of time and trouble.

Thanks and regards

Jaap
[2014-04-19 20:59:30]
Sawtooth - Posts: 4120
Try this:

K3:
=AND(AC4>AA4,AA3>AC3,E3>AA3)
M3:
=AND(AA4<AC4,AC3<AA3,E3<AC3)
where AA is SMA1 and AC is SMA2.

In the study settings, set 'Signal Only On Bar Close (K,M)' to Yes.
Assure 'Allow Entry With Working Orders' is No.

For a stop and a target, use the Attached Orders functionality.


[2014-04-19 22:05:53]
Jaap - Posts: 3
Thanks for your speedy reply tomgilb; I'll give it a try and let you know if it works
Regards
Jaap

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