Support Board
Date/Time: Sun, 16 Mar 2025 14:03:15 +0000
[Programming Help] - Automated/Discretionary Trading - Arm in Long/Short Direction
View Count: 1134
| [2022-08-10 04:28:12] |
| Sam McLennan - Posts: 9 |
|
Hi, Lately I've been developing my own automated strategies using the Spreadsheet System for Trading study. I have a few strategies which enter long or short when strength is detected in the given direction, but I would still like to be able to control the direction in which the strategy trades at my discretion. For example, in a trading range I want to enable long-only trades when the price reaches the bottom of the range, and short-only trades when price reaches the upper boundary. Or, if I anticipate a breakout, I want to be able to arm the strategy in the direction of the breakout. I understand that auto trading can be armed or disarmed under the trade menu, but I would like to know if there's a way to enable trading only in a long direction or only in a short direction at my discretion by the press of a button. Otherwise, if there is a way to implement this from within the spreadsheet, please inform me. I am yet to discover a way to do so. Thanks |
| [2022-08-10 13:08:00] |
| Sawtooth - Posts: 4184 |
|
I would like to know if there's a way to enable trading only in a long direction or only in a short direction at my discretion by the press of a button. Otherwise, if there is a way to implement this from within the spreadsheet, please inform me.
You could use two cells in column H to enable/disable longs/shorts (1=enable/0=disable):K3: =AND(YourBuyEntryConditions,$H$2=1) M3: =AND(YourSellEntryConditions,$H$3=1) You could use separate instances of the Spreadsheet System for Trading study, each on their own chart, one for longs, one for shorts. Then use a Control Bar button to enable/disable the chart's autotrading. This might not work with all entry conditions, or with reversals. |
| [2022-08-12 19:02:33] |
| Sam McLennan - Posts: 9 |
|
Thanks for the suggestions. Do you know if there is a way to toggle these spreadsheet columns 1/0 via a button on the dashboard or a hotkey? Is this programmable with C++?
|
| [2022-08-12 21:11:55] |
| Sawtooth - Posts: 4184 |
|
Do you know if there is a way to toggle these spreadsheet columns 1/0 via a button on the dashboard or a hotkey?
No, but you could use a 3rd party app, like AutoHotKeyhttps://www.autohotkey.com/ Is this programmable with C++?
You could program something using native ACSILAdvanced Custom Study Interface and Language (ACSIL) |
| [2022-09-07 00:12:18] |
| OctoPi - Posts: 38 |
|
Sam, We made back-testing and auto-trading software on top of SC that makes it really easy to create conditions you are asking for. Any trade signal you create can have an override long->short or short->long if you detect range vs trend conditions. All doable in a few clicks. We are doing a trial run with limited number of users, if you'd like to sign up please see the post with details here: EASY Automated Back-testing. We are licensing the software for $0 for limited time. |
To post a message in this thread, you need to log in with your Sierra Chart account: