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Date/Time: Thu, 09 May 2024 00:11:44 +0000



Automated question - ignore alert or order during consecutive buy or sell alerts

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[2018-07-22 16:16:58]
User7817001 - Posts: 96
What is the most efficient method of ignoring consecutive alerts for buy or sell alerts, when already in a position?
Please see attached for alerts.

The plan is to enter n contract(s) manually, then run the automation, reversing the long to short, or short to long on 1st occurrence opposite alert.

So, after the 1st turn around alert, long to short for example, I will need the algo to ignore all other sell (red) alerts, and only trigger on next buy (green) alert.

thoughts?

Thanks,
Mark
imageCapture.JPG / V - Attached On 2018-07-22 16:16:48 UTC - Size: 185.34 KB - 256 views
[2018-07-22 17:00:46]
Sierra Chart Engineering - Posts: 104368
This is going to inherently be the case when this is set to No/false:
Automated Trading Management: AllowMultipleEntriesInSameDirection
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: 2018-07-22 17:00:52
[2018-07-22 18:25:04]
Sawtooth - Posts: 3993
You would need to use a spreadsheet study to create a persistent variable until the opposite alert occurred.
Here are some spreadsheet formula examples:
Spreadsheet Example Formulas and Usage: Persistent and Incrementing Variables

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