mario73
01-01-2009, 05:54 AM
Hello!
When using an ATM stop loss/profit target strategie I would like to use the signal price instead of the average entry price for calculating my stop and target.
Example:
Let's say I programmed a stop 2.00 under, and a target 4.00 above my entry price (for a long position).
I want to enter the marekt long with a stop market order, when the market hits 100.00. I get filled at 100.50.
At the moment the ATM strategie would use the filled 100.50 (=average entry price), but I would prefer my "signal price" (=100.00) as the base for the stop/target calculation.
I hope I managed to express my question clearly.
Thank in advance for all your help.
Yours sincerely
Mario
When using an ATM stop loss/profit target strategie I would like to use the signal price instead of the average entry price for calculating my stop and target.
Example:
Let's say I programmed a stop 2.00 under, and a target 4.00 above my entry price (for a long position).
I want to enter the marekt long with a stop market order, when the market hits 100.00. I get filled at 100.50.
At the moment the ATM strategie would use the filled 100.50 (=average entry price), but I would prefer my "signal price" (=100.00) as the base for the stop/target calculation.
I hope I managed to express my question clearly.
Thank in advance for all your help.
Yours sincerely
Mario