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Date/Time: Thu, 06 Mar 2025 13:51:25 +0000



[Programming Help] - Does Autotrade using spreadsheets creates multiple Buy and sell signals in same direction?

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[2017-11-09 21:54:11]
User466737 - Posts: 22
Hi,

I have a Autotrading System using spreadsheets ('Spreadsheet system for Trading' study) in Sierra chart that uses stochastics to create buy/sell entries for futuree. The system seems to be working except I visually see multiple triggers in the same direction (buy and sell). In simulation mode in trade activity I see the trades but can't tell if more than one trades is sent in the same direction. Following are my settings. Any pointers would be much appreciated!

* Allow Multiple Entries in the same direction is set to NO
* Maximum position allowed (ln 20) is set to 2
*Support Reversals is set to NO
* Allow Opposite Entry with Opposite position - YES
*Reset Condition on new bar - NO

Thanks!
S
[2017-11-10 21:49:11]
User466737 - Posts: 22
SC,

You asked me to post this in Support board. Since I didn't get a response here, I posted also in the Account Support. Please let me know if any pointers
-S
[2017-11-11 22:48:51]
Sierra Chart Engineering - Posts: 104368
First, how do you conclude there are multiple orders in the same direction? There should not be based on this setting:
Allow Multiple Entries in the same direction is set to NO

At any given moment, there should not be a Trade Position Quantity which is the result of more than one order. However, the Position could go to flat, and a Position can be established in the same direction after. This is completely normal.

Also as an additional layer of safety, you can set this Input to No:
Automated Trading Management: AllowEntryWithWorkingOrders
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: 2017-11-11 22:49:57
[2022-02-01 19:09:13]
GG - Posts: 20
Mine is doing this as well.
I have all of the above settings the same yet it is opening multiple trades at once.
It worked well for hours and then in the middle of a backtest it began to do this, seemingly out of no where.
[2022-02-02 01:49:59]
Ticks - Posts: 204
I see the same issue in chart replay especially if i replay the same section of the chart multiple times.
Multiple trades will open on the same signal on the replay chart.
Does not happen in live trades.

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