How to calculate AVERAGE PRICE in this EXAMPLE please? - page 2

[[Deleted]]

@Daniel Cioca #: But how to calculate TP average price for a bunch of orders. But not for a break even , but to place TP for all orders in the same place in such way to have a desired profit. 

Already answered in my post #2 ...

• Net Mean Closing Price (eg. Stop-Loss or Take-Profit)
• Net Mean Profit or Loss (or Reward or Risk)
  

[Daniel Cioca]

Fernando Carreiro #:

Already answered in my post #2 ...

• Net Mean Closing Price (eg. Stop-Loss or Take-Profit)
• Net Mean Profit or Loss (or Reward or Risk)
  

Thanks ! But this formula is to close all on break even … I want to calculate the price for a desired profit  

[[Deleted]]

Daniel Cioca #: Thanks ! But this formula is to close all on break even … I want to calculate the price for a desired profit  

There is no mention in my post about "break-even". It is about calculating the net mean value of prices and gains for a basket of positions.

I state clearly in the closing price equation that it can be used for the stop-loss and the take-profit, and I provided the equation for calculating the desired profit or reward.

[William Roeder]

Daniel Cioca #: But how to calculate TP average price for a bunch of orders. But not for a break even , but to place TP for all orders in the same place in such way to have a desired profit. 

In the presence of buys and sells, there may not be a price meeting a desired profit.

Desired profit = ∑ ^Pn =∑  (^TP - ^On ) * ^Vn You will need to do a binary search to find TP.

[Daniel Cioca]

Thank you all for the solutions you provided … still … what I need is a price … where I should put all TP for all the opened trades in one direction , so I can have a profit of X USD 

[[Deleted]]

@Daniel Cioca #: Thank you all for the solutions you provided … still … what I need is a price … where I should put all TP for all the opened trades in one direction , so I can have a profit of X USD 

I already gave you the answer, so I can only conclude that the reason you are still asking is that you did not understand the maths or equations provided.

• If you know how much you want to profit, then you know the value of ^PLn (in point-lot units for example).
• Also, if you know your current total volume ^Vn of your entire basket, then you can calculate the price difference ( ^Cn - ^On ) using the last equation.
  
• Once you know the price different, simply calculate the net mean open price ^On and then solve for ^Cn