Support Board
Date/Time: Sat, 11 Jan 2025 17:46:39 +0000
Automated Trading System - Limiting Entries
View Count: 854
| [2016-12-10 17:05:36] |
| Crudeoilist - Posts: 18 |
|
Dear Sir/Ma'am, How would I go about limiting the number of trades I would like the system to attempt in a 24hr period. For example, if I had a system that would short CL at a level of resistance, then how would I limit the number of trades from that level per day. I would like it to only do 5 trades a day. Thank you in advance. |
| [2016-12-10 17:11:50] |
| |
|
Would you be using ACSIL or Spreadsheets? Refer to: Automated Trading Management 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 |
| [2016-12-10 17:35:52] |
| Crudeoilist - Posts: 18 |
|
I would be using spreadsheets. Will take a look at the link. Thanks again for the quick response. |
| [2016-12-10 17:53:18] |
| Sawtooth - Posts: 4148 |
|
You can reference cell J52 in your K3/M3 entry formulas. Here's what I do, e.g.: -Put your sell entry formula in P3, then set SG6 to Arrow Down: =IF(YourEntryConditions),C3,0) -Put this in M3, then set SG3 to Hidden: =AND(P3>0,$J$52<=5) You'll get arrows at all your possible entries, but actual entries only up to 5 per day. You can use a cell in column H as a user parameter so that you don't have to edit the formula if you want to change the value: =AND(P3>0,$J$52<=$H$2) |
| [2016-12-11 04:33:44] |
| Crudeoilist - Posts: 18 |
|
Thank you tomgilb. I will give it a try on Monday after market opens |
To post a message in this thread, you need to log in with your Sierra Chart account: