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[User Discussion] - Order Confirmation Auto Trading

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[2014-04-14 02:10:43] #1 [Go To First Post]
Litz - Posts: 131
I have new order confirmation enabled in the trade window but it doesn't seem to apply to auto trading. Is there a way of confirming new orders/cancels/flattening before they are sent to my trade service from the auto trading spreadsheet?

[2014-04-14 03:18:02] #2 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
There are no order confirmations for automated trades. 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

[2014-04-14 13:12:47] #3 [Go To First Post]
Litz - Posts: 131
Any thoughts on implementing that? I get signals that should be ignored but appears there is no way of doing so other than stopping autotrading or returning to trade simulation.

[2015-08-11 14:26:58] #4 [Go To First Post]
User224651 - Posts: 28
I concur that this would be a helpful feature\option.

[2015-08-11 14:38:10] #5 [Go To First Post]
Sawtooth - Posts: 3976
Autotrading with confirmations is no longer autotrading. You can use the same formulas to create alerts, and then manually perform the operation.

[2015-08-11 15:01:54] #6 [Go To First Post]
User224651 - Posts: 28
Can an alert use pre-defined rules to fill out a limit order in an 'Order' ticket so that a trader need only click 'Yes' or 'No', or when using alerts, would the user still need to enter\define a limit order price? ...see attached.


Confirmation.jpg / V - Attached On 2015-08-11 15:00:47 UTC - Size: 101.57 KB - 300 views

[2015-08-11 15:23:04] #7 [Go To First Post]
Sawtooth - Posts: 3976
You could create a y/n cell on the spreadsheet that would use the alert condition to send an order. You would set the Limit price in cells J22-J25, either manually or with a formula. Date Time Of Last Edit: 2015-08-11 15:32:40

[2015-08-11 15:39:16] #8 [Go To First Post]
User224651 - Posts: 28
How would that work? Would this be something in column H? If a signal only occurred at the beginning of a new bar, Would there be confusion about updating intrabar? The goal of this method is to allow the trader to avoid those, 'Oops, that was a dumb place to enter trade'.

[2015-08-11 15:51:34] #9 [Go To First Post]
Sawtooth - Posts: 3976
There are ways to 'latch' a signal. Depending on your conditions and configuration, this might be complex, but probably possible. The y/n would be in column H, or another non-repeating cell. If you have time to manually decide to confirm/deny an alerted entry, it is assumed that the limit price is far enough from current price to give you this time.

[2015-08-11 16:39:37] #10 [Go To First Post]
User224651 - Posts: 28
Our limits are pretty close to the market, but they tend to kick off in volatile times so there is a lot of flutter around the time of our signals. Would Sierra Chart consider adding the functionality to either add confirmation to 'Spreadsheet System for Trading', or some other route to manage this?

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