Support Board
Date/Time: Wed, 08 Jul 2026 16:59:26 +0000
Dollar cost averaging
View Count: 138
| [2026-05-17 12:27:28] |
| User479525 - Posts: 23 |
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Is there a way or setting that will allow multiple entries to exit at an average price of the combined quantities? For example , hypothetical prices, I purchase 1 quantity at a price of $400 , 1 more at $350 and 1 more at $300. So, this would give me a quantity of 3 at an average price of $350. How can I exit the whole 3 quantities with a $10 profit at $360 all at once ? Not exiting each entry individually
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| [2026-05-18 15:26:34] |
| John - SC Support - Posts: 47100 |
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Is your question specific to how to set a Target level that is based on the Average Price? If so, then you would first need to use the "Scale In" option to ensure that you have a single target with the total quantity you have open, rather than individual targets. Refer to the following: Attached Orders: Scaling In Then, you would need to use the "Trade Management by Study" study to get the Target to move to the position you want. You would need to use another study to set the level you want. The "Spreadsheet System for Trading" is the easiest one to use, since it will give you your Average Position Price, so you can add the offset you want to that to establish the line. But there are a number of other ways to do this. Refer to the following: Attached Orders: Study Controlled Targets and Stops For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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