Hi,
Part of this question been answered somewhere on the forum however the answere is incomplete/not stated.It's a simple one by the way.
Question : I want to BACK if the price is <=1.30 however , I want to set a STOP LOSS as well should the trade go against me for lets say ... 1.80. How do I write this in excel ?
Initial thought : I have tried using : =IF(G9<=1.30,"BACK STOP:50","")
From what I have read on the site , I suspect the stop is not going to work however the BACK order will be triggered. I also gathered I will need to an an OFF SET bet to make it work.
Is anyone able to answer the question by just writing the required formula please ?