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Can someone help me with solve the issue I am having?

Scenario:

Market 13360/13361

i want to sell 1 lot at market. i have tried the following:

I feed the scratchpad ASK with 13360, ask size 1, profile "if quote inside" NOT flagged, "dont cross market" NOT flagged. In this way I hit 13360 straight away; however, my lot 1 sticks so i keep getting filled until I reach the maximum position. I tried both Excel formulas and macros to have the "ask size" changed to 0 once my position =-1 but it doesn't update fast enough.

Another option is to use "theoretical prices" as opposed to "direct order entry" and somehow change the ask price with formulas. But i have noticed that when i change the "theo ask," i need to click "update orders" for that change to be effective.

Does anyone have any suggestions?

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Best Answer

**Answer** by Chris
·
Sep 18, 2015 at 07:37 PM

Hi, Abacus -

It sounds as if your Profile setup is correct. "Direct Order Entry" should work with the scenario you are describing.

If you begin by creating a formula in Autotrader in the sAskQty field which compares the RowPos value with a "desired quantity" value in a column you created called "dq" for example.

It would look something like =IF(RowPos3<dq3,0,1). What this will do is check the current RowPosition for Row3 with your "dq" cell (where dq= -1 for short -1) value in row 3 and if you are already short more than your "dq" value of -1, then the formula will produce a 0, otherwise it will produce a 1. I would test this without an Excel link first. Then, link your spreadsheet to another cell in this row in Autotrader and reference this linked cell from within the formula example above.

Thanks,

Chris

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