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Date/Time: Mon, 29 Apr 2024 12:25:12 +0000



Post From: Spreadsheet Trading in connection with Target/Stop

[2020-07-04 14:49:56]
Sawtooth - Posts: 3982
The formulas will allow just one entry per trend change, assuming your entries are at close of bar.
It is a variation of this concept:
Spreadsheet Example Formulas and Usage: Buy on First Signal and Ignore Multiple Signals

If your entries are intrabar, you may need to use this method to only allow 1 entry per trend change:
http://www.sierrachart.com/index.php?page=doc/doc_SpreadsheetAdditionalInfo.html#StateLocking
https://www.sawtoothtrade.com/example-9.html

Either way, the goal is to create a persistent signal that only changes once per parabolic trend.