Support Board
Date/Time: Thu, 16 Jan 2025 13:15:17 +0000
can an order be automatically entered when MA touched?
View Count: 854
| [2017-10-28 18:40:24] |
| User133711 - Posts: 9 |
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Wondering if it's possible to have an order entered automatically when price hits a certain moving average? Thanks. |
| [2017-10-28 20:19:54] |
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Yes. The easiest way to do this is with the Spreadsheet System for Trading study which is documented here: Spreadsheet Systems, Alerts and Automated Trading 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 |
| [2017-10-28 22:44:01] |
| Kiwi - Posts: 375 |
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User133711, I suggest you use moving averages based on the Opening price for this. Why? Because an MA based on C or some combination other then O will move while the bar is being formed. It might touch during bar formation but NOT be touching at the finish so your system will enter and you'll get a loser that doesn't show in your reviews. I became very unpopular in a Forexfactory thread by pointing out every time the originator system gave a false (losing) trade because of this behaviour or MAs. Date Time Of Last Edit: 2017-10-28 22:44:33
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