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Date/Time: Sun, 05 May 2024 04:47:07 +0000



Post From: Cannot get bracketed order setup with spreadsheet. Not sure if my thinking is right.

[2019-06-23 08:08:39]
GageBrk - Posts: 3
Ok, so here's the trading logic for what I'm trying to do:

If Price Closes above Range High: enter BuyLimit @ Range High, StopLoss @ Range Low, Target @ 1.50 * RangeWidth.

I have all that logic setup in my spreadsheet, that's not the problem. The problem is when it comes time to place the SellLimit (target) and Stop. The way I'm thinking I have to do this (which isn't working), is set the Buy Limit (entry) after the break above with a Simple Bracket for the Stop Loss 'x' points away. I then try to use the "Trade Management by Study" to move the stop to the right place (at the range low)

I then have it where my 'Buy Exit(Sell)' looks for the position value in J5 to be 1, which then evaluates to True and triggers the 'Limit or Stop Price - Buy Exit (L)' value in J23 (which is supposed to set the calculated target limit).

Here's the problem: Breakout happens, the Buy Limit and Sell Stop are set. but once the Buy Limit gets filled, the Sell Stop disappears, and the Sell Limit (target) appears... I've been banging my head trying to figure this out, and I can't. I'm sure it's just a settings issue I'm having, but I'm not sure. I've looked through the documentation, I'm not really sure why this is happening. Any help would be greatly appreciated.