Support Board
Date/Time: Fri, 14 Mar 2025 19:09:23 +0000
[Programming Help] - (x*ATR)BuyExit/SellExit Not Performing Correctly
View Count: 431
| [2022-06-27 14:46:41] |
| GG - Posts: 20 |
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System is designed to exit when the TP is TP=(x)*ATR and SL=(x)*ATR. I was playing around with x=4, x=8 and other variables but keep getting the exact same results, indicating my formula must be incorrect. BuyExit: =OR(AND($J$8 > 0, ID0.SG4@3 <= $J$9-(ID2.SG1@3*4)), AND($J$8 > 0, ID0.SG4@3 >= $J$9+(ID2.SG1@3*8))) SellExit: =OR(AND($J$8 < 0, ID0.SG4@3 >= $J$9+(ID2.SG1@3*4)), AND($J$8 < 0, ID0.SG4@3 <= $J$9-(ID2.SG1@3*8))) This is meant to be a SL=4, TP=8. Thanks in advance for your time. |
| [2022-06-27 17:05:45] |
| Sawtooth - Posts: 4182 |
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Your formula is fine. What's the exact same result? |
| [2022-06-27 18:46:19] |
| GG - Posts: 20 |
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An example is the sell entry was 4593 and the exit was at 4589.75 when the ATR is 6.08. Then the same result was for when I changed the parameters to TP=(4*ATR). The price never fell below 4593-(6.08*4) so it shouldn't have signaled a SellExit. What's more; the Trade Activity Log are identical for both of the following formulas run over 12 years of data on Nasdaq. SellExit: =OR(AND($J$8 < 0, ID0.SG4@3 >= $J$9+(ID2.SG1@3*4)), AND($J$8 < 0, ID0.SG4@3 <= $J$9-(ID2.SG1@3*4))) SellExit: =OR(AND($J$8 < 0, ID0.SG4@3 >= $J$9+(ID2.SG1@3*4)), AND($J$8 < 0, ID0.SG4@3 <= $J$9-(ID2.SG1@3*8))) You would think this change would tweak it even slightly if the above example was just a glitch. Thanks again |
| [2022-06-27 20:24:28] |
| Sawtooth - Posts: 4182 |
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Check the Trade Service Log for why a trade happened or not. You could use the Trading: Position Average Price study instead of cell J9. It shows historical levels; J9 does not. You could plot the calculated target and stop values as lines, for verification. Date Time Of Last Edit: 2022-06-29 13:56:45
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