Noel,

I have responded to other thread. That is clearer (at least to me), so let's
continue there.

--

HTH

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


"zmr325" wrote in message
...
hi bob,

We are dealing with one commodity here. The four prices that you see are
the open, high, low, and close for that day. All of my entry's and exits
will be off of the close price if that helps. I am trying to write this
to
figure out what is the best stop price for me. But you know if the system
gives you a buy that you will need to sell 1 either on a stop or when the
system gives you a sell signal. Thank you for your time, hopefully this
will
help. I have posted the full sheet if this will help you. I can't
remember
where it is but i think it is in excel general with the headline be Help
with
this formula.

Noel

"Bob Phillips" wrote:

I think I am getting deeper into this than I want to :-))

I guess I basically understand most of that, but I don't really see how
it
applies to the example you posted. As I read your example, that you
gave,
there are 4 prices for the day, but nowhere do I see quantity, or where
that
stop loss is calculated. I don't understand how you know that the stop
loss
is $5, or how you know you have to sell 1 or whether you have 1 to sell.

Are we dealing with just one stock here or many?

--

HTH

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


"zmr325" wrote in message
...
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