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Date/Time: Mon, 29 Apr 2024 08:31:25 +0000

Post From: Spreadsheet Trading in connection with Target/Stop

[2020-07-04 11:48:22] Link To Thread - Link To Post [Go To First Post]
User917140 - Posts: 7
I have a question regarding the spreadsheet trading. When the buy entry conditions are met I always have certain target (sell when a certain profit goal is reached) and stop (sell when a certain loss is reached) in place. If one of the the target/stop condition is met often times the respective Buy Entry is still valid so that the trading system buys again. In my case I use the Parabolic study. For example when the Parabolic is in an uptrend and I reach my profit goal the spreadsheet trading system often buys again because the Buy Entry criteria still match. My goal is to find a solution, that the system waits for the NEXT uptrend to happen instead of using the same trend again. I'd appreciate any help. Thank you in advance.