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Date/Time: Fri, 03 May 2024 23:12:38 +0000



Post From: Spreadsheet - can this be done

[2015-12-10 20:11:18]
Jeff M - Posts: 21
tomgilb, Thank you for the links and suggestions and with your spreadsheet explanation I have a much better understanding of the spreadsheet.

Yes, the Attached orders' Trailing Stop would be great but I fail to find how to use it like I want to. Example, on a long position, a normal trail stop moves up as higher highs are achieved and the stop is off the high. What I'm looking for is a way to move the stop up based off the higher LOW of a bar that has the highest CLOSE. I recognize that a bar could have a higher CLOSE AND have a lower LOW - in this case the STOP would remain where it is as I only want the stop to move in one direction.


I'm starting to get the feeling that even though I think my process is fairly simple, coding it is not, especially for a non coder. I'll keep trying to learn though.

EDIT: Still need to figure this out but, maybe I should start off using the Trailing Stop off every Higher Low (no matter the bar) on a long position. It would be a good start and I can go from there as it can basically achieve what I want to accomplish although not as precise. I can use a different stop amount to try and balance it.
Date Time Of Last Edit: 2015-12-10 20:24:51