Login Page - Create Account

Support Board


Date/Time: Sun, 29 May 2022 01:24:45 +0000



J81: Attached Order Stop Offset

View Count: 1629

[2013-09-18 08:58:31]
User42282 - Posts: 41
Hi,
as described in Release Change Log for version 1007, field J81 may be used for setting Attached Order Stop Offset (Spreadsheet System for Trading).
In my case, I want to distinguish different Stop offest for long and short trades.
1) It is stated in your release note text that "The offsets need to be specified as an actual price value." This doesnt seem to be the case. It shows "price" offset in trade window (Target tab) but actually the order offset is in ticks.
2) Can the formula (in J81) use the value of K3/M3 in order to distinguish Short/Long trade? It seems to work.
Thank you
BR/Mirek
[2013-09-19 06:52:55]
Sierra Chart Engineering - Posts: 102918
1. The offsets need to be specified as an actual price and remain as an actual Price on the Targets tab of the Trade Window. We have tested this and verified this.

2. Yes of course. This will be fine.
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
[2013-09-19 07:41:17]
User42282 - Posts: 41
Ad 1: I cant confirm this behaviour.
I have YM Symbol, want SL of 45 ticks, which is 225 USD. If there is =45*$J$56 in J81, offset will be 225 ticks. Is it somehow linked to values on "Set" tab of trade window?

On this screen J81=60 and attached order offset is 60 ticks.
http://www.sierrachart.com/image.php?l=1379575502843.png

On this screen it becames interresting, J81 was 45 when order was submitted. Offset is 50 ticks.
http://www.sierrachart.com/image.php?l=1379576047552.png

Here, J81 was 45 when order was submitted. Offset is 40 ticks.
http://www.sierrachart.com/image.php?l=1379576218251.png

BR/Mirek
[2013-09-20 06:18:11]
Sierra Chart Engineering - Posts: 102918
In the case of the YM, a tick is 1.0 which is the same as a price value of 1. The currency value per tick is not related to Attached Order offsets.

We do not see any problems with the different images provided. In the last image, the offset setting in the spreadsheet matches what is shown for the Attached Order on the Trade Window. The offset of the actual order relative to the fill price of the parent order is the same.
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: 2013-09-23 17:17:40
[2013-09-23 07:05:25]
User42282 - Posts: 41
Thank you for clarification the price/tick issue. I understand now.

Regarding images: when the formula says the offset should be 45, how comes the offset (of the actual order relative to the fill price of the parent order) is 50 (2nd image) or 40 (3rd image)?
This simply doesnt work as expected. Or maybe I dont understand, what is the expected behaviour. In case the offset is specified simply only in Trade Window, it is 45 for real placed order, so this should be the same for J81 method.

-----EDITED-----
sorry, I wasnt right in this post, the issue is only visible on the third image. better example is in following post.
-----EDITED-----

Date Time Of Last Edit: 2013-09-23 19:01:48
[2013-09-23 17:19:59]
Sierra Chart Engineering - Posts: 102918
In the last image, the spreadsheet shows an offset of 60 as a price, the Trade Window shows 60 and the actual offset for the order is 60. So where is the problem? The rest of the images also look correct as well.


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
[2013-09-23 18:59:44]
User42282 - Posts: 41
The thing is, that obviously you simply can not use K3/M3 values in J81 formula ("Signal only on bar close" option is set to Yes).
Clearly see it on following image. It is the same situation as 3rd image above, I hope this time really simple to recognize the problem.

http://www.sierrachart.com/image.php?l=1379962235290.png

What should one do in order to reliably specify different offset for short/long trades?
[2013-09-23 20:57:42]
Sierra Chart Engineering - Posts: 102918
We see what you mean now. This should be easily resolved just by referencing K4 and M4 in the J81 formula.
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

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account