Support Board
Date/Time: Sun, 16 Mar 2025 08:36:15 +0000
Automated/Discretionary Trading - Arm in Long/Short Direction
View Count: 406
| [2022-08-10 19:24:41] |
| 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 20:29:47] |
| John - SC Support - Posts: 38678 |
|
There really is not a way to do what you are wanting. You would have to create a custom study to create the button you want and have it set the strategy for the trading system you are using. Refer to the information starting here: Advanced Custom Study Interface and Language (ACSIL): Introduction For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-08-10 20:51:35] |
| Sawtooth - Posts: 4184 |
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Here are two suggestions: Automated/Discretionary Trading - Arm in Long/Short Direction |
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