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Date/Time: Thu, 25 Apr 2024 13:55:12 +0000



Post From: New Offering - Order Flow Trading Bots aka SceetoBots

[2018-04-19 19:44:47]
TapeReader - Posts: 88
We are readying the beta of BreachBots.

BreachBots allow a trader to place an entry order whose price is linked to any study that you use as a 'line in the sand'.

For instance, if you see a Double Bottom, and you think that if price breaches the Double Bottom, that the market will continue downward, you can tie a BreachBot to the Double Bottom and instruct the bot to enter once price breaches the Double Bottom by the number of ticks that you instruct it to.

You can enter using a market order, or a limit order offset.

Another great setup, is the breach of a Neckline within a Head & Shoulders pattern.

A breach of the neckline is where an Elliott 3 Wave really takes off.

Hence, this is frequently a great place to enter a trade where you can limit your risk - while seeking the trade to ride contiguous range bars in one direction.

BreachBots can be engaged by clicking on a button on your chart by using either your mouse, or your finger if you have a touch-screen monitor.

You can run multiple BreachBots on the same chart.

If one BreachBot enters a trade, any other BreachBots enabled on your chart will stand down.

We expect to release the beta on Monday, 30-APR.

If you are interested in participating in our beta, send me a Direct Message with your Sierra Chart username and we will set you up.
Date Time Of Last Edit: 2018-04-19 19:46:30