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Date/Time: Thu, 28 Mar 2024 11:47:48 +0000



Global Variable to Enable/Disable Auto Trading

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[2019-06-20 13:30:13]
User94606 - Posts: 327
I am currently using the Spreadsheet System for Trading on specific markets such as NQ, YM, CL and GC. I can enable/disable the auto trading based on specific conditions set on J$28 (Disable Auto Trading column). This works for a one specific market. Is there a global variable where I can disable auto trading based on a overall target profit? I am currently using 4 Spreadsheet Systems for Trading: NQ, YM, GC and CL.
[2019-06-20 15:37:15]
Sierra Chart Engineering - Posts: 104368
Have a look at the Global Profit/Loss Management feature:
Global Profit/Loss Management
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[2019-06-20 20:16:21]
User94606 - Posts: 327
If you have profit/loss targets set at the Spreadsheet System for Trading and also profits/loss targets set globally (under Global Profit/Loss Management), which one takes precedence?
[2019-06-20 21:34:42]
Sierra Chart Engineering - Posts: 104368
They both are functional at the same time.
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
[2019-06-20 21:47:59]
User94606 - Posts: 327
I am not sure I understand the last response. As an example, if the profit target is $500 on the Spreadsheet System for Trading and the Profit target is $300 on the Global Profit/Loss Management) which rule will be triggered to disable auto trading?

Also, I just read the original response again, and I don't think you can use the Global Profit/Loss Management feature to automatically disable auto trading. Can you suggest an approach to disable autotrading that can be controlled globally? I can control each market such as ES, NQ, CL individually using the Spreadsheet System for Trading. As an example, if my total profits is $500 or losses is -$300, if either one of these targets are met, I would like to totally disable autotrading for all markets: ES, NQ, CL.
Date Time Of Last Edit: 2019-06-20 21:57:56
[2019-06-22 19:10:06]
Sierra Chart Engineering - Posts: 104368
and the Profit target is $300 on the Global Profit/Loss Management
This one will occur first and can support disabling auto trading.

Global Profit/Loss Management does support disabling auto trading but it also does this at the same time of locking trading but we will make that work independently in the next release so you can just disable auto trading only.
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: 2019-06-22 19:10:16
[2019-06-22 19:43:54]
Sierra Chart Engineering - Posts: 104368
Actually we can see now, that Global Profit/Loss Management does support disabling auto trading even when at the same time not locking trading generally.

The documentation has been updated. So this is currently available.
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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