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Direct MessagesDate/Time: Mon, 28 Oct 2024 11:17:57 +0000
Allowing Opposite Entry with Opposing Position Input in Spreadsheet Trading system Study
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| [2016-01-13 21:15:46] |
| User68474 - Posts: 201 |
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I would like to more fully understand the scope and/or limitations of the "Allow Opposite Entry with Opposing Position" YES input in the Spreadsheet Trading System Study. Does that mean(allow for) entering a trade(s) in the direction opposite an existing trade? It sure sounds like that is exactly what it means. For example, if I wish to set up a backtest which triggers multiple entries based on/triggered by certain Alert conditions both long and short, is each long/short entry with an Attached order allowed to run to completion (either stopped out or targets hit) autonomously? Or would that scheme just confuse the system and apply buys/sells in a "criss-cross" type fashioned, all intermingled?? For that matter, in a similar vein, does the "Allow Multiple Entries in Same Direction" input YES allow each trade to run autonomously to completion as per Attached Order?
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| [2016-01-13 21:49:16] |
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We can only refer you to the documentation here: http://www.sierrachart.com/index.php?page=doc/doc_AutoTradeManagment.php The documentation explains each of these very clearly. As a matter of policy, we do not restate documentation. And also obviously, you cannot have a long and a short position at the same time for the same Symbol and Trade Account. That is inherently impossible. 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: 2016-01-13 21:49:43
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| [2016-01-13 22:01:49] |
| User68474 - Posts: 201 |
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SC: "And also obviously, you cannot have a long and a short position at the same time for the same Symbol and Trade Account. That is inherently impossible." Of course. Quite obviously. However, in "out of the box" thinking (not that you are in business for that), it might be a convenient, more efficient way of backtesting for those cases where multiple accounts do effectuate trading the same symbol and can ""Allow Opposite Entry with Opposing Position". Interesting that I extracted that from the SC "Settings and Input". I cannot help but wonder, therefore, what that phrase really means.?? |
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