Calculating the% take of the average TVx or position
under review
Aleksei V. Zaev
Grid typing is not averaging a position, so it doesn't matter whether you have one order or several orders - TP is always calculated from the first order in the grid, and not from the average entry price for triggered orders. That is why many people ask for a choice of how to calculate the percentage of TP. In addition, your comment “it is likely that TP will be implemented right away” is fundamentally unclear. How is this even possible?
Finandy Exchange
Aleksei V. Zaev: Let's say you set a buy grid from 100 and below to 80, the average price is about 90.
Set TP first at 5%, that is, its price is about 95.
When the first order in the grid is executed at a price of 100, we must set the first take to 95, which will be immediately executed on the market.
Finandy Exchange
marked this post as
under review
it is likely that the TP will be executed immediately after entering the position. When the position is averaged, all TP orders are rearranged - isn't this what you need?