NVSTly App & Discord Bot
NVSTlyDiscordGoogle PlayiOS App
  • â„šī¸Info
    • NVSTly: Social Investing
      • User Interfaces Overview
      • Download Your Data
      • Referral System & Payouts
    • Broker Integration
      • Webull Integration
      • Moomoo Integration
    • Contact & Support
  • 🆕Submit Trades From Web
    • New Trade Overview
    • Submit Trades (Stocks/Options, Crypto, Forex)
      • Add, Change, Remove TP/SL
      • Update Notes & Media
    • Advanced Input
  • đŸ“ŖTrade Sharing
    • Trade Sharing Overview
    • Discord
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    • Customize Messages or embeds
  • âš™ī¸Discord Bot Setup
    • Overview
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    • Server Settings
      • Admin Roles
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  • 📈Submit Stocks/Options Trades on Discord
    • Overview
    • Triggers
    • Opening Trades
    • Closing Trades
    • Average Up/Down Positions
    • Trim/Partial Close
    • Setting TP/SL
    • Trade Styles, Risk Flags, & Trade Notes
    • Error/Invalid Replies
    • Fix/Edit Trades
    • Tickers With Special Characters
  • đŸĒ™Submit Crypto Trades on Discord
    • Overview
    • Supported Exchanges
    • Defaults
    • Triggers
    • Opening Trades
    • Closing Trades
    • Average Up/Down Positions
    • Trim/Partial Close
    • Setting TP/SL
    • Trade Styles, Risk Flags, & Trade Notes
    • Error/Invalid Replies
    • Fix/Edit Trades
  • 📊Submitting Forex Trades on Discord
    • Overview
    • Triggers
    • Opening Trades
    • Closing Trades
    • Average Up/Down Positions
    • Trim/Partial Close
    • Setting TP/SL
    • Trade Styles, Risk Flags, & Trade Notes
    • Error/Invalid Replies
    • Fix/Edit Trades
  • Commands
    • List
    • Stats
    • Daily/Weekly/Monthly Trades
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    • Reputation
    • Market Data (Charts, Data Prices, etc.)
  • Ticker Bots
    • Discord Ticker Price Bots
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  • Radio Bots
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  1. Submitting Forex Trades on Discord

Average Up/Down Positions

Positions can be averaged up or down, but cannot be 100% accurate as position sizes are not a factor. Position averaging is calculated based on a single unit.

PreviousClosing TradesNextTrim/Partial Close

Last updated 6 months ago

There is no extra trigger or syntax to average positions. Using the same opening submission for an existing trade that is still open will average the position. For example, if you submit BTO USDCAD @ 1.395 and do not close it, when you submit another opening position the same as an existing one, such as BTO AAPL @ 1.394, it will already know you have an existing open trade for this ticker and will auto calculate the new average for this trade to 1.3945- the average of 1.394 & 1.395.

Using Slash Commands

The same concept applies to slash commands as with text commands. Submitting an open position for the same existing open position will average it.

Averages can't be 100% accurate due to the app not tracking position sizes. If only 1 unit is being traded, it will be 100%. The app only recognizes that order quantity is always 1, and it can't be specified otherwise. An example of inaccuracy; trade opened with 5 units for $10.00, then averaged with 2 units for $9.00 which creates a new average price of ~$9.71. The app only recognizes that 1 unit has been opened for $10.00, and 1 additional unit for $9.00- therefore calculating the average to $9.50.

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Example of averaging down
Example of averaging a position using slash command