Support Board
Support Board
Search Board
Control Panel
View My Posts / Threads
Direct MessagesDate/Time: Sat, 04 May 2024 12:16:40 +0000
Complex trading rules
View Count: 938
| [2014-11-12 11:27:56] |
| User90443 - Posts: 2 |
|
Hello, I'm a swing/day trader and my trading involves having multiple price targets, conditional moving of protective stops, adding to existing position via pullbacks and managing these pullbacks effectively as separate trades (while having the original trade still on) and reversing a position upon specified conditions met (if not met, the current trade goes on) and alike, i.e. quite usual stuff. 1. After reviewing the documentation and doing some trials, I came to conclusion that such features [most of them] are not supported in the chart trading tools nor are achievable via spreadsheet study. Is that right? 2. Can such features be programed in the ACSIL environment? I'd like to have some indication before committing to a programming project. Best regards, Spinustrader |
| [2014-11-12 18:38:06] |
| |
|
1. Multiple price targets are supported through Attached Orders: https://www.sierrachart.com/index.php?page=doc/doc_AttachedOrders.html When you make mention of "separate trades", Sierra Chart will only report the current Trade Position as one and not multiple Positions for the same symbol. 2. For what you can do with ACSIL related to trading, refer to this page: https://www.sierrachart.com/index.php?page=doc/doc_ACSILTrading.html Also, with a question like this, you really need to consult the documentation and see if Sierra Chart can do what you want because we are not going to fully understand what you want. You cannot put reliance on what we say since we may misunderstand what you want. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2015-09-24 00:44:20] |
| User47068 - Posts: 15 |
|
On a related note, I want to know if the following is possible: I want to place a Conditional Buy Stop Limit Order that meets two conditions: (A) Existing position size in the account is the first condition (B) Specific price threshold So, if my current position is equal to a specified value (let us call it 2 ES long) AND if a specific price threshold is breached THEN the order is triggered. If only one (or, none) of these conditions is met then nothing happens. Is that doable? Can the conditions involve existing position sizes? If yes, is there documentation on this? Thanks! |
| [2015-09-24 02:44:18] |
| |
|
This is very basic. It can be done with the Spreadsheet System for Trading study: http://www.sierrachart.com/index.php?page=doc/doc_SystemsAlerts.php You can reference both the price data from the chart bars and the current Position Quantity. All of this data is directly contained on the Sheet being used by the Spreadsheet study, in the Spreadsheet. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2015-09-24 02:45:55
|
To post a message in this thread, you need to log in with your Sierra Chart account: