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Date/Time: Wed, 24 Apr 2024 22:45:21 +0000



[User Discussion] - Question for Spreadsheet Master

View Count: 1556

[2014-01-02 19:16:00]
vegasfoster - Posts: 444
Hi Tom, what did you do? :)

http://www.sierrachart.com/supportboard/showthread.php?t=39816&highlight=spreadsheet+orders

I've never done this before and I can't figure out what I am doing wrong either. I scale in and out of all my positions and I want to be able to place a safety stop 50 ticks off my average price in case my system goes down. I also want it to update in real time for the current quantity and flip based upon whether I am currently long or short. I prefer to use a spreadsheet so I can see where my order is and be able to manually override the price as necessary.

J23, Limit or Stop Price - Buy Exit (L) (read/write): =IF(J5<0, ROUND(J9-50*J21, 4), "")
J25, Limit or Stop Price - Sell Exit (N) (read/write): =IF(J5>0, ROUND(J9+50*J21,4), "")
J26, Order Quantity (read/write): =ABS(J5)

and then everything else is set as follows:

http://www.sierrachart.com/image.php?l=1388690071364.png


Thanks for any help.


[2014-01-02 21:09:31]
Sawtooth - Posts: 3976
I didn't pursue that issue because the client abandoned that approach in his system, and I never retested it later to resolve it.

Just in case you don't know this already:
-If you are not using Attached Orders for your stops and targets, it is so much easier to use them for a disaster stop.
-J22-J25 are prices only. They need a formula to go TRUE in K3-N3 to place the order.
-When the order is placed by the spreadsheet, J26 controls both the entry and exit quantity and it overrides the Trade Window quantity.

To alter the quantity of a pending order from the spreadsheet would require that you to cancel it with a formula in J29, and enter another. You could compare J3 and J5 to cancel it, then L3/N3 would need to go TRUE again.

If this doesn't cover it, what is it not doing?




[2014-01-03 05:08:23]
Sawtooth - Posts: 3976
OK, I had a few minutes to try this.

You need to reverse the comparison operators in your J23 and J25 formulas.

Try this:
J23:
=IF(J5>0,ROUND(J9-50*J21,4),0)
J25:
=IF(J5<0,ROUND(J9+50*J21,4),0)
J26:
=ABS(J5)
J29:
=AND(ABS(J5)<>J3,J3>0)
L3:
=AND($J$5>0,$J$3=0)
N3:
=AND($J$5<0,$J$3=0)



[2014-01-03 18:21:49]
vegasfoster - Posts: 444
Hi, I caught that the prices were backwards, but the rest of it was all messed up. Because I am scaling I had to change $J$3=0 to $J$3<>$J$5, but now it works perfectly!!! You da man!!! Thanks a bunch.

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