Support Board
Date/Time: Wed, 12 Feb 2025 16:43:04 +0000
[User Discussion] - Autotrading using Sierrachart Trading system based on alert condition
View Count: 712
| [2020-10-24 15:47:53] |
| User657945 - Posts: 226 |
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I would like to know if is it possible to have two charts for the same symbol i.e. Micro NQ working at same time with two different attached orders I mean: 1) First chart will use a Trading system alert short with 2 targets and common stop 2) second chart will use a Trading system alert with 2 targets with BE stop at first order filled Of course in the set up of the both Trading system alert the function Allow entry with working orders will be flagged on Yes. This is because if I use the attached order on the single chart it can only be one set up and both strategies long and short with the same targets and stop that after a replay testing are not working well so I need to have the long strategies working with a BE stop. thx |
| [2020-10-25 11:48:50] |
| ForgivingComputers.com - Posts: 1001 |
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I would like to know if is it possible to have two charts for the same symbol i.e. Micro NQ working at same time with two different attached orders I mean: If the first chart is short 1 contract, and a long signal for 1 contract is sent from the second chart, the open position will be zero.1) First chart will use a Trading system alert short with 2 targets and common stop 2) second chart will use a Trading system alert with 2 targets with BE stop at first order filled You cannot have a long and short position on the same symbol in the same account at the same time. Date Time Of Last Edit: 2020-10-25 11:49:45
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| [2020-10-25 15:57:53] |
| User657945 - Posts: 226 |
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@brath you are right it could ony works with two chart in same direction 1 short another one comes it add to the first one. I have to find another solution.
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| [2020-10-28 09:23:14] |
| User90125 - Posts: 715 |
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@bradh, This should work: Long Micro and Short e-Mini in same month and account (e.g. Long 10 MES and Short 1 ES) Short Micro and Long e-Mini in same month and account (e.g. Short 10 MNQ and Long 1 NQ) Because the Micros and E-Minis for the same product/month are fungible, you can hedge a position this way, as they are not the exact same symbol. Now whether your broker will allow it, is a different matter, especially if you're planning on holding a position thru the end of the day and into the new overnight session with this hedge in place. |
| [2020-10-28 11:33:48] |
| ForgivingComputers.com - Posts: 1001 |
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This should work:
Long Micro and Short e-Mini in same month and account (e.g. Long 10 MES and Short 1 ES) Short Micro and Long e-Mini in same month and account (e.g. Short 10 MNQ and Long 1 NQ) Yes, this will work, and it is not illegal. Probably done all the time. |
| [2020-10-28 13:04:34] |
| User657945 - Posts: 226 |
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thx Bradth unfortunately I can only trade micro NQ:( anyway good to know it
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