Support Board
Date/Time: Fri, 04 Jul 2025 18:21:38 +0000
Buy Exit Spreadsheet for Target Profit and Stop Loss at the same time
View Count: 1740
| [2020-11-11 00:27:29] |
| User202740 - Posts: 12 |
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Hi, I wonder if there's any possibility to trigger a profit target and stop loss at the same time when a buy order is triggered from the spreadsheet. My aim is to automate a trading strategy based upon the price, so if the candle 1 is the signal candle, I trigger the buy on the candlestick 2 but I cannot find the way to set at the same time stop loss and profit target by using the column L but only one of those options are allowed, am i missing something? I cannot use the attached orders as there's no offset type based on the candlesticks... Thanks in advance! |
| [2020-11-11 04:18:33] |
| Sawtooth - Posts: 4232 |
|
Don't use Columns L/N for this. Here's one way: Use Attached Orders to set the target and stop anywhere, then move them to the price you want with the Trade Management by Study study. Attached Orders: Study Controlled Targets and Stops Use two instances of the study, one for targets and one for stops, and have each reference a Formula Column (subgraph) where the formula returns their prices. Here's another way: Check 'Use Attached Orders' and set the offsets in cells J80/J81. Note: The offsets are in points (not ticks) from the entry price, and they won't be at a specific price if there's slippage. |
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