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Date/Time: Tue, 26 Nov 2024 18:43:54 +0000



Auto trade management reversal question

View Count: 1161

[2014-05-23 17:58:26]
onnb - Posts: 662
hi, I'm trying to confirm is there is I can use automated management for the following requirement:

Start out with state where we are flat

Need to have buy entry order + sell entry order working at the same time.
If one of these orders gets filled, need the other to continue working. Say I got filled and I am long and I have child orders working for this open position now.
If the sell order gets filled while I am long, need to reverse while canceling the long position attached orders.

I tried the following settings:

sc.AllowMultipleEntriesInSameDirection = 0;
sc.SupportReversals = 1;
sc.AllowOnlyOneTradePerBar = 1;
sc.SupportAttachedOrdersForTrading = 0;
sc.CancelAllOrdersOnEntriesAndReversals = 1;
sc.AllowEntryWithWorkingOrders = 1;

this means that I can't have a buy order and a sell order at once - right? Say if I first put on the buy order, when I put on the sell order the buy order gets canceled.

I tried these settings too:

sc.AllowMultipleEntriesInSameDirection = 0;
sc.SupportReversals = 1;
sc.AllowOnlyOneTradePerBar = 1;
sc.SupportAttachedOrdersForTrading = 0;
sc.CancelAllOrdersOnEntriesAndReversals = 0;
sc.AllowEntryWithWorkingOrders = 1;

This allows to have buy entry and sell entry orders on at once, but the reversal was a mess - still trying to figure out what happened but before going into that...

Looking to confirm if this scenario is generally supported with Auto trading and if I am doing the setting wrong or do I need to do some of this management on my own.

(Btw, from what I have seen so far, it would probably work if I had a setting in auto trade management that would CancelAllOrdersOnReverals but not cancel them on Entries)
[2014-05-27 02:46:04]
Sierra Chart Engineering - Posts: 104368
This is too complex of a request for us to help with. If there is a simple request, let us know what it is.
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
[2014-05-27 02:47:31]
Sierra Chart Engineering - Posts: 104368
Is this what you need?:

(Btw, from what I have seen so far, it would probably work if I had a setting in auto trade management that would CancelAllOrdersOnReverals but not cancel them on Entries)

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
[2014-05-27 05:54:03]
onnb - Posts: 662
Is this what you need?:
Yes, that would be perfect. Can you add it within a reasonable timeframe?


[2014-05-28 08:53:46]
Sierra Chart Engineering - Posts: 104368
Give us some time to get back to you on this. As usual we have a very heavy workload .

We are also nearly complete with that feature to independently set the Attached Orders for OCO orders in ACSIL.
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

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