Support Board
Date/Time: Wed, 25 Dec 2024 05:11:39 +0000
[User Discussion] - Order quantity
View Count: 1409
[2015-11-06 09:31:29] |
User59228 - Posts: 47 |
Hello, I have a question to order quantity field. For example, wenn a buy signal occurs the system buy a position of 100 shares xyz (one trade per day). Now it is possible that the system buy a position for 5 days (multiple entries) and then, when a sell signal occurs the system should sell 500 shares xyz. When the field order quantity is 0, then the software buys 1 unit every day and sell the whole position. But what I have to type in, when I will buy 100 units per day ?? |
[2015-11-07 01:44:23] |
Sierra Chart Engineering - Posts: 104368 |
You need to use an Order Quantity of 100. For the exit, use an Order Quantity of 0. Refer to the documentation here: https://www.sierrachart.com/index.php?page=doc/doc_SystemsAlerts.php#CellJ26 We will try also to get added very soon, a separate cell for the Order Quantity for exits. 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: 2015-11-07 01:48:47
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[2015-11-07 09:54:25] |
User59228 - Posts: 47 |
That means that it will be possible after adding of the separate cell. Until then it is not possible ?
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[2015-11-07 10:41:29] |
Sierra Chart Engineering - Posts: 104368 |
It will be easier with a separate cell, but you can always create an Order Quantity formula that determines whether an Entry or Exit will be triggered.
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 |
[2015-11-07 11:05:28] |
User59228 - Posts: 47 |
ok, thank you. Such a formula you don´t Support ??
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[2015-11-07 14:07:07] |
Sawtooth - Posts: 4142 |
An example formula for J26 to allow different entry/exit quantities: =IF(OR(K3,M3),100,IF(OR(L3,N3),500,0)) If your exits are the total position, you could also use cell J29, instead of L3,N3. |
[2015-11-07 16:56:58] |
User59228 - Posts: 47 |
ok, thank you. The Problem is, that i don´t know if the Position would be 300 or 700 when a Exit Signal occurs. In your formula i have to know that before. What would happen when I have only a Position with 300 Units and a sell Signal occurs. Then the Position would not be sold ?? and what i have to type in cell j29, when i will Exit the total Position ?
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[2015-11-07 17:40:59] |
Sawtooth - Posts: 4142 |
Cell J29 just needs to go TRUE when you want to flatten. Something like this: =OR(AND(J8>0,YourBuyExitConditions),AND(J8<0,YourSellExitConditions)) BTW, for formulas in column J, reference row 3 if trigger is intrabar, reference row 4 if trigger is close of bar. |
[2015-11-07 18:01:51] |
User59228 - Posts: 47 |
ok, that are really good Information, thank you tomgilb
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