Support Board
Date/Time: Fri, 07 Feb 2025 17:47:45 +0000
[User Discussion] - Auto Trading based on Color Bar?
View Count: 510
| [2022-10-06 17:32:32] |
| hr719 - Posts: 25 |
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I am trying to build an auto trading system based on Color Bars Based on Alert Condition study. I have a study that currently colors the bars to Green when the market is going up and Red when going down. What forumla do I use to get it to automatically place orders on each direction based on color study in the Trading System: based on alert condition study? How do I get it to trigger a trade based on the color bars?
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| [2022-10-06 20:47:22] |
| John - SC Support - Posts: 37827 |
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You can not get it to trigger on the Color Bar itself. Rather, what you need to do is to replicate the alert that is being used in the Color Bar Based on Alert Condition and use that alert for the trading system. Refer to the information here: Study/Chart Alerts And Scanning: Writing Formulas Based On Color Settings For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-10-06 21:21:52] |
| Sawtooth - Posts: 4173 |
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You need to find the transitions at each color change. What study currently colors the bars green and red? |
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