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Date/Time: Thu, 06 Feb 2025 04:50:48 +0000



Study Controlled Open Order

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[2019-10-25 16:21:19]
User311677 - Posts: 16
I have found the Study Controlled Targets and Stops, but I would like to manage a open order.

The Stop/Buy limit order is attached to the EMA, when price hits the EMA, then TARGET and STOP LOSS are placed on the chart based on the strategy.

So I would like my open order to move along with the 150EMA.
[2019-10-25 21:11:11]
Sierra Chart Engineering - Posts: 104368
Have a look at using the Trading System Based on Alert Condition study:
Trading System Based on Alert Condition
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
[2020-04-11 04:12:27]
User311677 - Posts: 16
With your help I could get it to work in a Spreadsheet System for Trading.
But I cant find the correct formula for buying/selling anywhere.

I am using =CROSSFROMABOVE(ID0.SG4@3:ID0.SG4@4, ID1.SG1@3:ID1.SG1@4)
but sometimes the pice does not cross the EMA, only touches it.

What I really want is:

1) BUY: When price comes from above (pullbback) and touches the EMA (ID1) buy at market at the next closing candle/renko.

2) SELL: When price comes from bellow, Sell two tick under the EMA. (When in a Downtrend price pullback to the EMA, have the sell limit waiting two ticks bellow the EMA)


But I dont know how to say these to the spreadsheet.
Can you help?

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