Support Board
Date/Time: Thu, 03 Jul 2025 08:13:48 +0000
Post From: Spread Order Entry spread price seems wrong
| [2021-01-06 20:16:58] |
| weav - Posts: 46 |
|
Could we correct the implementation? For inter-commodity spread traders it is very useful to be able to chart your spreads in terms of dollar contract value rather than a ratio, i.e. 50*{ESH21}-1000*{GCLH21}. $50 per point x ES price - $1000 per point x CL price. By changing them both to dollar contract value you homogenise the two contracts rather than using two prices which don't have any relationship to each other. With dollar contract value you can immediately see the dollars you an make between swings if the trade works. For example, here is my chart of the dollar spread of the contract value of ES - CL. http://www.sierrachart.com/image.php?Image=160996315464.png in this case, with this spread, the full contract value setting works. It makes it very handy to be able to say where you would like to get in and out of the spread pair, and it matches the dollar value spread pair chart. It is actually a very useful feature. Could it be looked at for implementing properly? If this is not something the SC team wants to do could I get some help creating my own spread order entry? Maybe see the SC spread order entry study code so I can duplicate it and modify it with this feature working? While I am able to code I am very new to SC and inexperienced with the API, so some pointers would be very helpful in how to build such a trading study safely. Date Time Of Last Edit: 2021-01-06 20:17:31
|