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Date/Time: Fri, 03 May 2024 12:39:50 +0000



Price of one futures contract to trigger order entry in a different futures contract

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[2016-12-13 23:49:23]
User28706 - Posts: 22
Hello,

Is it possible to be able to set up a situation if a stop or limit is hit in one futures contact then automatically a market order will be triggered in another contract. For example if the ES hits 2700 then Sierra will automatically create a market order to buy the NQ .

Thanks
Date Time Of Last Edit: 2016-12-13 23:51:32
[2016-12-14 03:20:34]
Sierra Chart Engineering - Posts: 104368
Yes this can be done by using the Spreadsheet System for Trading study:
http://www.sierrachart.com/index.php?page=doc/SystemsAlerts.php


You will need to add this study to the NQ chart.

You will need to overlay the ES chart onto the NQ chart. This is explained here:
http://www.sierrachart.com/index.php?page=doc/Spreadsheets_ReferencingOtherChartsInFormulas.php

You can then use the spreadsheet formulas to trigger a buy or sell order based upon the ES price data being overlaid.
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: 2016-12-14 03:20:57

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