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Northern California where the girls are warm
Posts: 122 since Nov 2010
Thanks Given: 15
Thanks Received: 72
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Willstar44:
Congratulations on taking the steps to learn spreadsheet trading in Sierra. What you describe is very doable.
1. Buying at bid and selling at ask are examples of limit orders. There is a cell for each of the four buy/sell signals that controls whether a Market or Limit order should be entered. It appears you know how to do that. Make sure you automatically or manually cancel any orders that don’t get filled.l
2. The Spreadsheet System for Trading can prevent entering a new position if already in a trade.
3. You can use attached trades and do chart trading while auto trading. Manual trading is not disabled when auto trading.
You cannot place buy and sell on the same symbol, unless you trade from two different accounts. It is illegal in the US anyway. Besides, your system should determine a direction, that is what it is designed to do.
Replacing K3 with one only makes sense if you want to make sure the system is working, but it essentially buys every candle, so not much of a strategy.
If you are interested, I develop trading systems for sale, using spreadsheets. PM me for info.
Brad Houser
ForgivingComputers.com
Sent from my iPad using futures.io
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