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Thanks a lot Tom, appreciate your help.
I think it's clear, but I think I'm missing something as it doesn't enter a second trade.
Here's what I did for order quantity...
K3: =AND(ID5.SG19@4>0, ID5.SG1@3>25)
J26: =IF(J10>10, 2,1) ***if profit/loss >10, enter another order.
It's not adding a scale in. Not sure if it references J26 again once in a trade...
Not quite sure how to modify K3 for 2nd entry...
When K3/M3 goes TRUE, the value in J26 will be used, regardless if you're flat or not.
The K3/M3 formula will have an OR statement because there are two conditions for entries, 1st and 2nd.
Something like this, where the two conditions are exclusive:
K3: =OR(AND(ID5.SG19@4>0, ID5.SG1@3>25),AND($J$10>10,$J$8>0))
Note: this J26 formula: =IF(J10>10, 2,1) will only be true when there is an open profit, not loss.
Hi @tomgilb
Using the Zig Zag and spreadsheet study, how would I populate a column containing certain basic calculations such as:
Average of the last 10 printed swing sizes
Difference between the last 2 high swings
Difference between the last 2 low swings
etc..
I really just want to populate a single cell with a formula and then place the results as text on the chart. The worksheet formulas seem to copy down the entire column and the problem with the zig zag study is that the numbers are constantly changing until a swing has been firmly established.This means the text indicator constantly changes.
I have everything entered like above.
Once I'm on a trade and profit is more than 10ticks, it still does not scale in. Thinking I screwed up the settings. Is there anything here that sticks out that is completely wrong?
Hi,
Am trying to figure out how to code around pivot points and want the logic to follow:
If no trade is open and first attempt at pp1
If crossfromabove pp1-- buy
If crossfrombelow pp1 -- sell
If no trade is open and previous trade at pp1 was a winner
If crossfromabove pp1-- buy
If crossfrom below pp1 -- sell
If no trade is open and previous trade at pp1 was a loser
-skip this trade
-reset attempt counter so thrid attempt can be true...i.e. doesnt remember the 1st loser
Add the Trading: Losing Trades study and lock a TRUE/1 when it changes value. Then release it one bar after the next entry signal.
Its reference must be FALSE/0 in your K3/M3 entry formulas.
Arriving at the actual formula to do this automatically will probably require some trial and error. And it can be difficult to get it to work the way you want.
Have received help earlier on how to find lowest volumes of a session
=IF(OR(INT(A3)>INT(A4),AND(FRACTIME(A4)<$H$10,FRACTIME(A3)>=$H$10)),10000,IF(F3<S4,F3,S4))
(using start time in $H$10, with formula put in S column)
but not sure on how to calculate a running average of all values
from an opening bell.
Any help appreciated