Recalculate midpoint before incrementing for entry and exit
under consideration
b
bk112
+1; I've had a number of trades fail to enter, and a couple rare times, fail to exit because of this. Yes you can set the offset or the amount to increase each attempt by, but this is difficult to know how to set depending on the moneyless, legs, width, etc. And can vary still depending on how fast the market happens to move any given day. Failing to enter creates a delta vs. backtest and can be scary for a trade that fails to exit.
A better attempt that competitor platforms offer, IMO, is a more configurable and flexible option to set the time between attempts, and the number of attempts before it recalculates strikes for entries, which I think is the key part of the feature.
r
rusty.moorman@optionomega.com
marked this post as
under consideration