Notional Trade Table

Jun 13

Notional Trade Table indicator displays notional trade values for given Buy and Sell of given input of Symbol, Quantity, Entry Price and Stop Loss .

Sections of Input Menu Table are supported with Tool Tip icons.

Input Symbols:
(Refer Input Menu)
User can choose maximum 20 Symbols.

Input Side Choice (BUY/SELL):
(Refer Input Menu)
After choosing Symbol, User has to choose the BUY or SELL option for each Symbol against the corresponding Sybol number. If NIL is selected “Nil is selected ” message is displayed prompting the user to select BUY or SELL sides.

For example in the above Input Menu:
Sym1 is BATS:AAPL. Corresponding Side 1 is Sell1.
Sym2 is BATS:NVDA Corresponding Side 2 Sell 2.
Sym12 is BATS:NFLX. Corresponding Side 12 is Buy12 and so on.

Input Quantity:
(Refer Input Menu)
Next enter Corresponding Quantity of BUY or SELL in relevant Quantity Input Box. Quantity cannot be Zero. Defval is 1.
For Sym1 input in Qty 1 box,for Sym2 input in Qty 2 box and so on.

Input Entry Price:
(Refer Input Menu)
After entering Quantity Input Entry Price for Corresponding Symbol.
Input for Sym1 Entry Price in EP1 box
Input for Sym2 Entry Price in EP2 box
and so on.

Input Stop Loss:
(Refer Input Menu)
Next Enter corresponding Stop Loss for each Symbol.
SL1 input box denotes Sym1 Stop Loss.
SL2 input box denotes Sym2 Stop Loss.
SL3 input box denotes Sym3 Stop Loss and so on.

Stop Loss for Chosen BUY side should be below corresponding Entry Price/Last Price. Otherwise a message is displayed “SL Hit”. User has to enter valid data.
Stop Loss for Chosen SELL side should be above corresponding Entry Price/Last Price. Otherwise a message is displayed “SL Hit”. User has to enter valid data.

Notional Trade Table:
(Refer the Table on Chart)

From the input menu filled by User script captures the Symbol, BUY/SELL options, Quantity,
Entry Price and Stop Loss details under the corresponding heads in the Notional Trade Table.

The script captures the live Last traded Price under the head LP and calculates and displays corresponding Profit or Loss under PR/LO column in the table.

SL+- LP is the difference between Last traded Price (LP) and Stop Loss Price. Positive figure under this head reflects Stop Loss cushion available .

Nil header column reflects message “NIL selected” prompting the User to select BUY or SELL sides.

SLH header displays “SL Hit” on Stop Loss Hit or wrong input of Stop Loss inconsistent with BUY or SELL sides of Trade. On “SL Hit” message all values in corresponding Symbol becomes Zero. User has to re-enter the details fresh .

On the top left side corner of the table there are 2 cells with Prono and Lono.They denote the number of trades which are in Profit (Prono) and which are in Loss(Lono).

It is preferable to choose Symbols from a single country exchange commensurate with the Time zone. Otherwise if Exchange and Chart time Zone differs there is risk of data loss in the table.

DISCLAIMER: For educational and entertainment purpose only .Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security/ies or investment/s.

Jun 21

Release Notes

Number of tables reduced to 5.
Overlay effected .