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Date/Time: Sat, 04 May 2024 00:11:57 +0000

Post From: HELP! SPREADSHEET FORMULA FOR SCALING IN ON REVERSALS

[2022-06-10 13:55:16] Link To Thread - Link To Post [Go To First Post]
User9890731 - Posts: 47
Thanks Tomgilb, To be clear on what i actually need the spreadsheet to perform during the trade execution the following conditions must be met; 1) I need the 1st parent order to have a main target of say 100ticks, 2) when a reversal trade is executed, 2 contracts must be traded but the target for the parent position should remain 100tick while the 2nd position and every other subsequent position must have a consistent target say 20ticks every time ''scaling in '' occurs. so if 4 reversals occur, then out of the 4 open positions, 3 positions should have a target of 20ticks while the parent has a 100tick target.