I use chart trader to scalp eminis. I don't understand how the average entry price is calculated in the case where I am averaging up/down my position.
This seems wrong to me, but I can't find my mistake.
If, for example, I try to exit at break even as per the indication of the average entry price on the chart, I can notice on the "account perf tab" that the trade was actually not closed at BE.
In the attachmenent is a screenshot of a case were the second trade (short) is entered at 51.5 for 3 contracts, then exited 2 contracts and added 2 at 33.
For me the average position price is (51.5 + 2*33)/3 = 39.2, if I ignore commissions. The chart shows 44.
In this case, exiting at BE, as per chart trader indication, would be actually a loss of almost 5 points before commissions.
What am I doing wrong ? do I have to make my own indicator to calculate the average trade price ?
Thank you for your help.
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