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Date/Time: Thu, 25 Apr 2024 01:49:16 +0000



[User Discussion] - New Order Entry Study

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[2013-03-21 02:34:09]
Sierra Chart Engineering - Posts: 104368
We have had some interest in a more advanced way to submit a Limit order. We have created a new study named Trading:Triggered Limit Order Entry. It is documented here:
http://www.sierrachart.com/index.php?l=doc/doc_OrderTypes.html#TriggeredLimitOrderEntryStudy

Complete source code can be found in the /ACS_Source folder in the folder where Sierra Chart is installed to on your computer system. You are welcome to modify the study to adapt it to your needs. To make changes, refer to this page:
http://www.sierrachart.com/index.php?l=doc/doc_BuildCustomStudiesDLL.html
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: 2013-03-21 16:27:19
[2013-03-21 14:07:44]
TI Anon - Posts: 36
This is not working correctly. Tried this AM-One long fired but unable to get a short or another long to fire. Used the cancel order function and tried several times but no luck. Even removed and readded the study but not working.

v956
[2013-03-21 14:08:26]
TI Anon - Posts: 36
Using on a renko chart

[2013-03-21 16:21:55]
TI Anon - Posts: 36
Checking "Auto Trading Enabled" allows entry(this is not mentioned in documentation). However "attached orders" not working with entry.
[2013-03-21 16:26:22]
TI Anon - Posts: 36
Also, if there is a horizontal line at the trigger level there is no way to set the trigger level as it does not appear on the right click drop down menu.
[2013-03-21 16:26:36]
Sierra Chart Engineering - Posts: 104368
Yes, this is true that you will have to enable Trade >> Auto Trading Enabled. However, if you do not, when the study submits an order you will see an error message added to the Trade >> Trade Service Log.

Attached Orders are not supported with this study. We will see if we can support that.
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: 2013-03-22 05:35:59
[2013-03-21 16:27:36]
TI Anon - Posts: 36
Also, if there is a horizontal line at the trigger level there is no way to set the trigger level as it does not appear on the right click drop down menu.
[2013-03-22 05:51:42]
Sierra Chart Engineering - Posts: 104368
We do not specifically see this issue.

However, we have made some changes with the setting of the Trigger Level and Limit Order Price to make the Trigger Price settable no matter what the current state of the study is and the Limit Order Price settable any time after the Trigger Level has been set.

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: 2013-03-22 06:10:49
[2013-03-22 13:19:35]
TI Anon - Posts: 36
Activate the study, place a horizontal line on the chart using the drawing tool, right click on the line and there is no trigger set option in the dropdown(there is a buystop-sellstop-buy limit sell limit option etc.
[2013-03-22 17:01:53]
Sierra Chart Engineering - Posts: 104368
When you right-click on a Chart Drawing, the standard chart shortcut menu items that you normally see when you do not click on a Chart Drawing, will not be displayed. This includes commands added by Advanced Custom Studies.
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
[2013-04-05 15:34:17]
ABTrader - Posts: 32
I have some idea to share that might take this Trading:Triggered Limit Order Entry to the next step.
It is similar to the way you have implemented the Trade Management by Study (for Exit / Close position)

Further development idea are :
-Add Study input to control the Trigger price.
-Add Study input to control the Limit Price.
-Add Study input to control the STOP Price. (In addition for Order Entry beside Limit Order)
-Long only
-Short only

With those Study Input, Trading:Triggered Limit /STOP Order Entry will be Automate Order Entry for user with non-programming background without using Spreadsheet.
It can be used in combination with Trade Management by Study (for Exit / Close position)
Spreadsheet for trading still can be used for Risk/position size control.

Finally ,you have another way for SC user to create Automatic Order Entry & Exit with these combo of study.


[2013-04-10 14:56:39]
MotoMoto - Posts: 47
I just came across this i think it has a lot of potential, and is similar to something had been working on using a spreadsheet whereby i manually typed in the levels.
I agree with HMUZ09 and his ideas and would also like to suggest a few extra if and when you had time to improve this....
(apologies if you have this already an i missed it)

1...You can extend the lines and change the colours and line width which is great, can you have it so that it does not affect the scaling. I have tried independent and various others its seems to cause issues.
I got around this in my own spreadsheet settings by saying "only show when price was with 20 ticks of the line" using a formula in the spreadsheet to determine if the line was shown.

2..i tried using two studies, one for long one for shorts, i could not get it working properly as it only accepted the one order. Maybe a seperate long study and a short study might work

3...being able to drag and drop the lines would be superb - this means the user only needs to right click when putting the order on, and can simply modify them after they have been placed.

4...can they be linked to a study and switched on an off. example; Lets say i am using a Donchian channel and i say, when the highest high value is breached i want to place an order at the midpoint. (This is where i see it would have tremendous value)

As mentioned these are suggestions if you have time....otherwise great and thanks.
[2013-04-10 16:02:17]
TI Anon - Posts: 36
#3 of post #12, excellent suggestion.
[2013-04-10 16:55:25]
Sierra Chart Engineering - Posts: 104368
In general, this study was provided as an example for users to build from themselves.

These suggestions will need to be implemented by users. For the scaling, set it to Same As Region. We have changed the default.
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
[2013-04-17 21:17:48]
C. Notes - Posts: 129
Would be nice if The line could be selected and dragged after placed....

Also, if the line could be selected and dragged to angles like the drawing tool...

And if it could submit all order types...
[2013-04-17 21:35:32]
C. Notes - Posts: 129
Perhaps it could have x bars ahead....x bars back and angle....

This would be good for limiting the time in which the conditions are valid...
[2013-04-17 22:20:45]
C. Notes - Posts: 129
I am playing with this and it's pretty kick ass so far...

Another thought..

Perhaps a study subgraph could be an optional input for the trigger?
Date Time Of Last Edit: 2013-04-17 22:29:28
[2013-04-17 22:58:22]
Sierra Chart Engineering - Posts: 104368
OK, we are not tracking this thread. At this point all further development needs to be done by users. You can find the source code for this study in the /ACS_Source folder with Sierra Chart.
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

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