Support Board
Date/Time: Mon, 03 Feb 2025 10:43:22 +0000
Post From: Study: Trading System Based on Alert Condition
| [2018-05-17 13:39:39] |
| rahul - Posts: 167 |
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Regarding the "Trading System Based on Alert Condition" study, what happens when I currently have no Buy Entry order but the system alert triggers as Buy Exit order. Does the software know NOT to go Short instead? The reason I am asking is that if I run my study that shows theses alerts after market open I might have missed the Buy Entry order but my study assumes I am in the trade so the alert triggers a Sell Exit order. How do I check if I currently have any open orders through code so that I don't enable a Buy Exit or Sell Exit system by mistake? Can I do this to avoid going Short (if Buy Exit Order triggered through Study), without having any long positions on: s_SCPositionData PositionData; int Result = sc.GetTradePosition(PositionData); int Quantity = PositionData.PositionQuantity; if (Result == 1) if (Quantity == 0) // Don't trigger alert within my code else if Quantity > 0 // Trigger Buy Exit else if Quantity < 0 // Trigger Sell Exit else // Don't trigger alert within my code Also, to avoid confusion (translating Sierra Chart terminology to my thinking). Is this right? Buy Entry = Buy To Open Buy Exit = Sell To Close Sell Entry = Sell To Open Sell Exit = Buy To Close Date Time Of Last Edit: 2018-05-17 13:40:08
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