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Date/Time: Tue, 01 Jul 2025 06:05:41 +0000

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Post From: Please help with these trading settings

[2021-05-27 19:24:12]
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User769783 - Posts: 195
Hello all users and Sierra Chart Engineering,
I am having much difficulty in setting these params correctly for my trading strategy. I'd like it to enter a trade, and be able to enter more trades in the same direction if the condition is true, but not on the same bar, in the future. It's been entering waaay too many trades when it does buy or sell. It's like it's buying/selling on every tick. I want it to buy every time the condition is true for a new bar, set the stop loss, which is set automatically, then just go until stopped out or I manually exit the trade. When I try to configure it, it buys too many contracts, or, it will work as it should, but it will not open a new order in the same direction. Please help, thanks.


sc.AllowMultipleEntriesInSameDirection = false;
    sc.MaximumPositionAllowed = 1;
    sc.SupportReversals = true;

    
    sc.SendOrdersToTradeService = false;

    sc.AllowOppositeEntryWithOpposingPositionOrOrders = true;
    sc.SupportAttachedOrdersForTrading = false;
    sc.CancelAllOrdersOnEntriesAndReversals= false;
    sc.AllowEntryWithWorkingOrders = true;
    sc.CancelAllWorkingOrdersOnExit = false;

    
    sc.AllowOnlyOneTradePerBar = true;