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Check multiple conditions for proper value

  1. 01-21-2024, 12:29 PM #1
    cableghost
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    Check multiple conditions for proper value

    In my attached workbook... I want to sum TRADES U2. I first need to check the value of TRADES A2 to use the appropriate numbers from INSTRUMENTS.

    I have attempted to use IF(OR and IFS. In both cases, I receive an error, either 'too many arguments', or 'too few arguments'.

    As an example, using IFS...
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    In this case, TRADES A2 = ES, so I need to use the numbers in INSTRUMENTS Row 6...
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    By itself, this works. However, I cannot get it to work from within an IF(OR or IFS formula.

    Thoughts?
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    Last edited by cableghost; 01-22-2024 at 01:59 PM.
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  2. 01-21-2024, 01:07 PM #2
    JohnTopley
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    Re: Check multiple conditions for proper value

    Try

    Formula: copy to clipboard 
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    result is 395.74
    If that takes care of your original question, please select Thread Tools from the menu link above and mark this thread as SOLVED.
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  3. 01-21-2024, 01:15 PM #3
    Pete_UK
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    Re: Check multiple conditions for proper value

    You could use this formula in U2:

    =((((G2*I2)+(J2*K2))-((N2*O2)+(P2*Q2)))*VLOOKUP(A2,INSTRUMENTS!$B$4:$D$7,3,0))-VLOOKUP(A2,INSTRUMENTS!$B$4:$I$7,8,0)

    then you wouldn't need an IF(OR or IFS formula.

    Hope this helps.

    Pete
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  4. 01-21-2024, 01:41 PM #4
    HansDouwe
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    Re: Check multiple conditions for proper value

    Another solution (same result):

    Please try in U2 (and copy down):

    Formula: copy to clipboard 
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  5. 01-21-2024, 07:37 PM #5
    cableghost
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    Re: Check multiple conditions for proper value

    Wow, Thank you all! All 3 solutions work very well, but in initially selecting one, I'm going with the 'VLOOKUP' approach. I'll spend time reviewing code for each solution presented.
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  6. 01-21-2024, 07:48 PM #6
    HansDouwe
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    Re: Check multiple conditions for proper value

    You are Welcome!

    Thanks for the feedback. Glad to have helped. .

    If you have not already done so, you may not be aware that you can thank anyone who offered you help towards a solution for your issue by clicking the small star icon (* Add Reputation) located in the lower left corner of the post in which the help was given. By doing so you can add to the reputation(s) of each of those who offered help.
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  7. 01-22-2024, 11:46 AM #7
    cableghost
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    Re: Check multiple conditions for proper value

    @Pete_UK, I want to make an edit to the comm structure (INSTRUMENTS I col). How would I incorporate the below in place of any I4?
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    What's going on here is that I'm taking into account any additional adds or profit targets.
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  8. 01-22-2024, 12:31 PM #8
    Pete_UK
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    Re: Check multiple conditions for proper value

    It's a bit confusing, as you refer to I4 in your question, but you have $I$6 in the formula that you have quoted. Do you mean that you want this amendment to apply only when the other formula will be using I4 (i.e. when A2="NQ"), or do you want it to affect the previous formula for all of the (4) values? Is this to replace the second VLOOKUP term, i.e. instead of the appropriate value from column I of the INSTRUMENTS sheet, you want to take this amended value?

    Pete
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  9. 01-22-2024, 01:14 PM #9
    cableghost
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    Re: Check multiple conditions for proper value

    Yeah, I did confuse the topic. I instead worked out the COMM in TRADES T2, no longer needing to make the other calcs. Thanks for posting back!

    Edit: Below are the calcs, and I updated the attached workbook.

    COMM:
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    NET:
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    Last edited by cableghost; 01-22-2024 at 02:00 PM.
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  10. 01-22-2024, 01:32 PM #10
    Pete_UK
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    Re: Check multiple conditions for proper value

    Yes, I did think of suggesting that way, depending on how you answered my questions.

    Glad you got it sorted out.

    Pete
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