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Date/Time: Mon, 23 Dec 2024 18:12:31 +0000



ACSIL trading: checking "last" price and sending order ahead of time

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[2015-09-23 21:19:59]
User44052 - Posts: 34
Hello.

I'm a former user of TradeStation and trying to find my way around SierraChart.

1) In TradeStation's EasyLanguage, if I wanted to check if the price has touched, for example, a Moving average, I would use "Close" (e.g: if Close >= MA do something). This would work intrabar, and does NOT wait for the actual closing price of a bar. So, while a bar is building, the last traded price is always referred to as Close, even before the bar has actually closed. What is the equivalent in SierraChart? My attempts to use sc.Close seem to wait for the bar to finish and the closing price of that bar is referred to. How do I check a price level has been reached DURING the building of a bar?

2) Also in Tradestation EasyLanguage, there was a command to send an order on the NEXT bar. So, let's say, if the price touches the Moving Average, I'll send an order that will become active AFTER the current bar has completed. Is there an equivalent in SierraChart?

Thanks in advance.
Date Time Of Last Edit: 2015-09-23 21:20:45
[2015-09-24 02:48:15]
Sierra Chart Engineering - Posts: 104368
1. sc.Close[] for the last bar in the chart definitely contains the latest price as the bar is being built. There is no other possibility unless the Session Times are filtering out the data:
http://www.sierrachart.com/index.php?page=doc/doc_SessionTimes.php

2. This is not supported.
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: 2015-09-24 07:49:50
[2015-09-24 07:42:15]
User44052 - Posts: 34
Thanks.

Can I assume that the same applies to sc.High and sc.Low? Do they, too, change while the bar is building?
[2015-09-24 07:49:35]
Sierra Chart Engineering - Posts: 104368
Yes.
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
[2015-09-24 17:49:16]
ejtrader - Posts: 688
For 2 - If you have this in your code(check for end of bar condition) - the behavior should be same as tradestation.



// sc defaults section


// This is similar to tradestation code -- if barstatus(1) != 2 return;
if(sc.GetBarHasClosedStatus(sc.Index) == BHCS_BAR_HAS_NOT_CLOSED)
return;

// Generate Trade Signals - These signals would be generated at the end bar - if you plot any signals - they would be marked for current bar
// However the trade itself would be valid/sent for the next bar

Date Time Of Last Edit: 2015-09-24 17:57:37
[2015-10-06 19:32:39]
User44052 - Posts: 34
Thanks ejtrader - very helpful.

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