Basically what stopped out means that say you purchased a stock at $93.00.
You have a stop loss of say $5. If the price falls below the $88 level you
would sell one to get out of your position. You got stopped out. The market
didn't go higher it went lower. The same is true for the short side. Say
you sold a stock at $50 and you stop it out at $56. That means if the market
rose and went against you and went through $56 you would have to buy that to
get flat your position. Stop losses are just ways to reduce your risk. I
don't mind if it is a value or text, but probably text would be easier to see
and adjust your system. Thank you, hope this helps

"Bob Phillips" wrote:

There is a lot more information there, but what does stopped out mean? And
what will the formula determine, a number or some text?

--

HTH

RP
(remove nothere from the email address if mailing direct)


"zmr325" wrote in message
...
I will try to write it out like this:

a b c d e f g h i
Open High Low Close
1 Date 10 15 8 8
2 " 8 12 7 9 buy
3 " 9 20 9 16
4 " 15 23 14 18
5 " 15 17 9 10 sell
6 "
7 "
8 "


Ok that is what my spreadsheet looks like. I have =if(and()) statements
in
f and g to give me those "buy" and "sell" signals. Now what I want to do
is
write a formula saying that if I have a "BUY" like in f2 stop me out or
cover
my position if the low in how ever many time frames equals or is less
than
the close when i had the buy, keep doing this until I have reversed
positions
to get a Sell signal or am stopped out. Then do it for the next signal.
But for the Sell signal it will be agianst the high because you want the
market to go lower. DOes this help?

Thank you



"Bob Phillips" wrote:

That is very confusing (at least to me). Can you give an example?

--

HTH

RP
(remove nothere from the email address if mailing direct)


"zmr325" wrote in message
...
If you could help me I would greatly appreciate it.

I need help finding a solution for formula I can not write.

Column

a b c d e
date open high low close

data for b,c,d,e go lets say to row a125

now in column f and g I have two =if statements with about 4 logical
strings
to place a BUY in f and a SELL in g

Now what I need to do is write a formula for a stop loss record. It
should
be if you have a buy signal you need the low to be = whatever
variable
you
are going to use. I took the close of the period that you got the buy
signal
minus 6. So I need a way to calculate each timeframe (cell) to tell
me
whether the low has gone through that 6 point stop or each the system
generated a new signal which would be a sell signal. THe opposite
would
then
hold true for the Sell signal. But it would be with the HIGH being
greater
than the signal(close) plus 6. DO you think that you could help or
anybody.
I would greatly appreciate it.

Thank you
NOel