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How to draw open trade average Price


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  #1 (permalink)
AnotherMonkey
Lake Forest
 
Posts: 5 since Oct 2018
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Hi All,

Im looking for a way to retrieve the open trade average Price and draw a line at such level, any suggestions, your help is really well appreciated.
Best Regards

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  #2 (permalink)
 john5 
Los Angeles, California, United States
 
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AnotherMonkey View Post
Hi All,

Im looking for a way to retrieve the open trade average Price and draw a line at such level, any suggestions, your help is really well appreciated.
Best Regards

How do you define "the open trade average price?"

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  #3 (permalink)
AnotherMonkey
Lake Forest
 
Posts: 5 since Oct 2018
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Hi John,

john5 View Post
How do you define "the open trade average price?"

I meant the open trade price, for example if buy same stock at 2 different prices, let say 1000 shares @ $100 and later on extra 1000 shares @ $120, then my average price is $110 on 2000 shares, this average is what I'm looking for how to plot.
Best Regards

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  #4 (permalink)
 john5 
Los Angeles, California, United States
 
Experience: Advanced
Platform: ThinkOrSwim, Ninja Trader
Trading: Futures
Posts: 116 since Aug 2013
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Got it. I don't have a study for something like this, but ask in the Thinkscript chat room in TOS, they should be able to help you.

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  #5 (permalink)
AnotherMonkey
Lake Forest
 
Posts: 5 since Oct 2018
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john5 View Post
Got it. I don't have a study for something like this, but ask in the Thinkscript chat room in TOS, they should be able to help you.

Thx much John5, appreciate the attention

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  #6 (permalink)
 tr8er 
Europe
Market Wizard
 
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Not sure if there is an indicator available (I don't believe it), but you could plot the OR (opening range) or the VWAP on a day-session chart

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  #7 (permalink)
AnotherMonkey
Lake Forest
 
Posts: 5 since Oct 2018
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tr8er View Post
Not sure if there is an indicator available (I don't believe it), but you could plot the OR (opening range) or the VWAP on a day-session chart

Actually im looking to plot the open trade price, meaning if i buy 1000 shares at $100 and later extra 1000 shares at $120, then the plot should show a line at $110 (average price). Any ideas as well received
Best Regards

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Last Updated on October 29, 2018


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