Help with this Formlua

[zmr325]

I need some assistance with this one: In my sheet below I have certain buy
and sell signals for this commodity. I used an =if(and()) statement with
about 4 logical steps to come up with these buy and sell points. You can't
see the formula because I have taken it out. But my next step which I don't
understand is how to write a formula to get me out if the price goes against
me. So lets take 7/19/2005 BUY signal for an example. I need to find a way
to have the formula read that when I get a BUY signal take the close price
that period and minus say 5 from that. Now if the low from the next period
or however many of periods it is until you get a sell signal goes below that
number it should read "STOP" and you exit the position. The same would be
for the SELL signal but instead of minus you would add it to the close price
and see if the HIGH periods go through that number. My problem is is there
is a way to keep a running column with each new period changing to let you
know if those parameters have been hit or not. I will be happy to answer any
questions if this is not clear. I thought about =if then statements= but
not sure on how to write all of this. Thank you again.
NOel
Date-SPH Open High Low Close BUY SELL
7/1/2005 1,204.50 1,207.50 1,202.50 1,206.00
7/5/2005 1,202.00 1,216.50 1,202.00 1,215.10
7/6/2005 1,215.00 1,216.10 1,204.00 1,204.70
7/7/2005 1,191.70 1,208.80 1,191.70 1,208.80
7/8/2005 1,215.00 1,223.50 1,207.50 1,222.50
7/11/2005 1,225.00 1,230.50 1,224.00 1,229.60
7/12/2005 1,229.50 1,235.00 1,227.00 1,231.80
7/13/2005 1,230.40 1,234.50 1,230.30 1,234.30
7/14/2005 1,243.00 1,243.30 1,234.30 1,238.10
7/15/2005 1,234.50 1,239.50 1,234.00 1,237.60
7/18/2005 1,235.00 1,235.00 1,230.50 1,232.80
7/19/2005 1,237.00 1,240.00 1,234.00 1,239.60 BUY
7/20/2005 1,235.70 1,247.00 1,232.70 1,242.90
7/21/2005 1,244.00 1,244.00 1,234.50 1,236.40
7/22/2005 1,239.00 1,244.00 1,235.50 1,243.40
7/25/2005 1,243.20 1,247.50 1,236.50 1,240.50
7/26/2005 1,239.50 1,243.00 1,239.00 1,241.40
7/27/2005 1,239.90 1,246.50 1,238.80 1,246.30
7/28/2005 1,249.70 1,254.00 1,245.00 1,253.60
7/29/2005 1,253.50 1,254.00 1,243.40 1,243.40 SELL
8/1/2005 1,246.50 1,248.00 1,243.50 1,244.20
8/2/2005 1,248.00 1,253.50 1,248.00 1,251.80
8/3/2005 1,250.00 1,254.50 1,250.00 1,254.50
8/4/2005 1,250.00 1,250.00 1,243.50 1,244.60 SELL
8/5/2005 1,241.00 1,242.00 1,233.60 1,236.40
8/8/2005 1,238.50 1,241.00 1,231.50 1,233.90
8/9/2005 1,239.50 1,242.50 1,236.00 1,241.00 BUY
8/10/2005 1,246.80 1,250.50 1,235.50 1,240.50 SELL
8/11/2005 1,239.00 1,246.50 1,237.20 1,245.20
8/12/2005 1,242.00 1,243.50 1,235.00 1,237.70
8/15/2005 1,238.80 1,244.70 1,235.20 1,244.20 BUY
8/16/2005 1,239.30 1,240.20 1,227.00 1,228.10 SELL
8/17/2005 1,227.30 1,233.60 1,226.50 1,228.10
8/18/2005 1,225.00 1,231.50 1,225.00 1,227.60
8/19/2005 1,232.30 1,233.50 1,228.20 1,230.40
8/22/2005 1,230.80 1,237.00 1,225.00 1,230.70
8/23/2005 1,228.60 1,231.00 1,222.50 1,228.00
8/24/2005 1,223.30 1,232.00 1,216.00 1,216.40
8/25/2005 1,218.60 1,221.00 1,217.10 1,220.20
8/26/2005 1,219.30 1,219.30 1,212.00 1,212.40
8/29/2005 1,208.50 1,222.20 1,208.50 1,221.00 BUY
8/30/2005 1,216.60 1,216.60 1,208.50 1,215.00
8/31/2005 1,217.00 1,230.30 1,211.50 1,227.80
9/1/2005 1,228.20 1,234.50 1,223.80 1,227.90
9/2/2005 1,231.90 1,232.00 1,224.00 1,225.90
9/6/2005 1,230.00 1,241.00 1,230.00 1,240.50
9/7/2005 1,239.50 1,244.00 1,238.00 1,241.90
9/8/2005 1,239.50 1,242.70 1,236.00 1,238.20 SELL
9/9/2005 1,238.00 1,250.30 1,237.20 1,248.50 BUY
9/12/2005 1,249.00 1,250.90 1,245.50 1,246.60 SELL
9/13/2005 1,246.10 1,246.60 1,237.70 1,238.90
9/14/2005 1,238.80 1,242.00 1,232.20 1,234.60
9/15/2005 1,234.50 1,238.50 1,230.70 1,233.50
9/16/2005 1,233.50 1,244.70 1,232.80 1,242.30 BUY
9/19/2005 1,242.60 1,242.70 1,233.50 1,238.00 SELL
9/20/2005 1,237.80 1,242.80 1,225.60 1,227.60
9/21/2005 1,227.40 1,229.30 1,214.50 1,215.90
9/22/2005 1,215.90 1,222.70 1,211.00 1,219.80 BUY
9/23/2005 1,219.60 1,224.80 1,215.10 1,220.50
9/26/2005 1,224.20 1,229.00 1,217.00 1,221.50
9/27/2005 1,221.50 1,226.00 1,216.20 1,221.70
9/28/2005 1,221.60 1,226.70 1,217.70 1,222.80
9/29/2005 1,222.40 1,234.30 1,216.30 1,231.80
9/30/2005 1,231.60 1,235.80 1,230.00 1,234.30
10/3/2005 1,235.30 1,238.80 1,229.90 1,231.80 SELL
10/4/2005 1,231.50 1,235.50 1,216.60 1,216.80
10/5/2005 1,216.80 1,218.30 1,200.20 1,200.70
10/6/2005 1,200.80 1,206.90 1,186.00 1,196.90
10/7/2005 1,197.00 1,204.50 1,195.20 1,200.00 BUY
10/10/200 1,199.70 1,204.30 1,189.60 1,190.00
10/11/200 1,190.00 1,198.00 1,187.30 1,188.40
10/12/200 1,189.20 1,194.70 1,177.60 1,178.50
10/13/200 1,179.00 1,184.30 1,172.00 1,178.10
10/14/200 1,178.50 1,191.50 1,178.40 1,189.90 BUY
10/17/200 1,189.80 1,195.50 1,186.50 1,194.20
10/18/200 1,193.90 1,196.70 1,181.00 1,181.40 SELL
10/19/200 1,182.00 1,200.80 1,174.00 1,200.40
10/20/200 1,199.10 1,200.80 1,175.70 1,179.50
10/21/200 1,179.80 1,190.00 1,175.90 1,183.80
10/24/200 1,183.80 1,203.30 1,183.30 1,202.40
10/25/200 1,202.00 1,204.70 1,192.00 1,198.90 SELL
10/26/200 1,198.80 1,207.00 1,193.90 1,196.00
10/27/200 1,195.40 1,196.10 1,181.00 1,182.50
10/28/200 1,181.30 1,201.20 1,179.50 1,199.70 BUY
10/31/200 1,199.80 1,214.50 1,199.70 1,209.80
11/1/2005 1,203.90 1,210.50 1,203.00 1,206.30
11/2/2005 1,206.10 1,218.50 1,202.50 1,218.10
11/3/2005 1,218.00 1,227.70 1,216.00 1,223.70
11/4/2005 1,223.50 1,225.70 1,216.70 1,222.00 SELL
11/7/2005 1,222.40 1,227.00 1,219.50 1,222.80
11/8/2005 1,222.70 1,224.30 1,218.50 1,222.80
11/9/2005 1,222.50 1,229.50 1,218.80 1,223.70
11/10/200 1,223.50 1,235.30 1,217.50 1,233.70
11/11/200 1,233.70 1,238.60 1,232.50 1,238.00
11/14/200 1,238.10 1,240.10 1,234.10 1,237.20 SELL
11/15/200 1,237.20 1,240.80 1,228.60 1,232.50
11/16/200 1,232.30 1,235.00 1,229.50 1,234.70
11/17/200 1,234.40 1,246.00 1,233.80 1,245.20
11/18/200 1,245.00 1,252.20 1,242.50 1,250.20
11/21/200 1,250.20 1,258.30 1,248.60 1,257.00
11/22/200 1,256.80 1,263.90 1,253.10 1,262.10
11/23/200 1,261.50 1,272.70 1,261.00 1,268.60
11/25/200 1,268.30 1,270.60 1,265.90 1,270.10
11/28/200 1,269.70 1,273.10 1,258.80 1,260.90
11/29/200 1,260.80 1,267.80 1,259.00 1,259.30
11/30/200

 

[Bob Phillips]

Now that's a better explanation!

Enter this array formula in say H2

=IF(F2<>"","",IF(OR(AND(INDEX($F$1:$F$1000,J2)="BUY",INDEX($E$1:$E$1000,J2)-
5>E2),AND(INDEX($F$1:$F$1000,J2)="SELL",INDEX($E$1:$E$1000,J2)+5<E2)),"STOP"
,""))

as an array formula, commit it with Ctrl-Shift-Enter, then copy down

Hope we have got it now!

--

HTH

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

 

[zmr325]

Thank you Bob,

I will try this, could you tell me what it means to commit it with
Ctrl-SHift-Enter please. Thanks again. If this makes money I will let you
know my secret.

Noel

 

[zmr325]

HI Again Bob,

THanks for your help. I inputed all of that information and unfortunately I
don't get any values or words in column h or i. Where i thought i was
suppose to have the word stop if the market went against me. I appreciate
this and thank you for you time.

Noel

 

[zmr325]

Here is a note Bob,

Do I have to change the array if the buy signal is in column F and the sell
signal is in column g. Thanks for your help.
NOel

 

[Bob Phillips]

If the BUY and SELL are in different columns it is a more complex formula.
Could you use column F for both?

When you enter it, rather than just hitting Enter, hit Ctrl-Shift-Enter all
together. Excel will then surround the formula with {} in the formula bar.
Every time you edit the formula, the {} disappears so you will need to
re-commit.

I got results with your data. My STOP may be of-logic, but if you can at
leats get some STOP signals, you will be able to tell me how it is off.

Good luck.

--

HTH

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

 

[zmr325]

Good morning Bob,

I am sorry that the BUY and SELL are probably going to need to be in
separate columns. I can try to play with them to see if I can combine but I
don't think that that will be a good idea. I just got home from work,
nightshift 8pm to 6am so I don't think that I am going to work on it until
later this evening. I also got some stop info when I wrote the array but not
sure if it is reading correctly. Here is a thought. I think that I have to
have the buy stop off of the low price, this is because if in that period the
close may not hit the stop price but the low definately has to or doesn't.
Same for the sell stop using the high price for calculation, because the
close may not touch the stop price but the high definately will or not.
Thanks again for all of your help.

NOel

 

[Dave Peterson]

Without reading the original post (or most the followups)....

Can't you just use Bob's suggested formula in one column. Then use a couple of
other columns based on that single column:

In G2:
=if(f2="buy","buy","")
In H2:
=if(f2="sell,"sell","")

You could even hide column F if you find it distracting.

 

[Bob Phillips]

Evening Noel (UK),

--

HTH

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

Good morning Bob,

I am sorry that the BUY and SELL are probably going to need to be in
separate columns. I can try to play with them to see if I can combine but I
don't think that that will be a good idea. I just got home from work,
nightshift 8pm to 6am so I don't think that I am going to work on it until
later this evening. I also got some stop info when I wrote the array but not
sure if it is reading correctly.

Here is an alternative allowing BUY and Sell to be in separate columns

In J2, enter

=MAX(2,MAX(IF(F$2:F2<>"",ROW(F$2:F2))),MAX(IF(G$2:G2<>"",ROW(G$2:G2))))

In H2, enter

=IF(F2<>"","",IF(OR(AND(INDEX($F$1:$F$1000,J2)="BUY",INDEX($E$1:$E$1000,J2)-
5>E2),AND(INDEX($G$1:$G$1000,J2)="SELL",INDEX($E$1:$E$1000,J2)+5<E2)),"STOP"
,""))

both are array formula, so after copying them to the formula bar,
Ctrl-Shift-Enter together.

I have tried it again with your data, shifting the SELLs over

It is quite a complex analysis, so it might not be right, but can you
highlight where it is going wrong, anjd in what way?

Here is a thought. I think that I have to
have the buy stop off of the low price, this is because if in that period the
close may not hit the stop price but the low definately has to or doesn't.
Same for the sell stop using the high price for calculation, because the
close may not touch the stop price but the high definately will or not.

I have absolutely no idea what all of that meant. Do you mean BUY should
compare agaisnt column D not E, and the SELL should compare against C?

Thanks again for all of your help.

If this makes money, does that mean you give up the night-shifts?

 

[zmr325]

Good evening Bob,

I tried to condense the buy and sell formulas down to one column but I had
no success. Here is kind of what i wrote in the buy column formula:
=if(and(d1<d2,c1<c2,e2<b2,b3<e3,e3>e2),"BUY","") and the opposite for the
sell side. This is why I used two columns. I tried to combine but got a
"value" error. I am going to try to use Dave's suggestion and see if that
works, but if you have any other suggestions I would greatly appreciate this.
Thanks again.
NOel

 

[zmr325]

Hi Bob,

Just got your new email. Thanks for posting! Something is working. Now I
have to go through manually to see if that is reading everything correctly.
I appreciate all of your time and help.

Best Regards,
NOel ZImmerman

 

[Bob Phillips]

Noel,

Keep us posted if working or not..

Bob

Hi Bob,

Just got your new email. Thanks for posting! Something is working. Now I
have to go through manually to see if that is reading everything correctly.
I appreciate all of your time and help.

Best Regards,
NOel ZImmerman