Support Board
Date/Time: Mon, 25 Nov 2024 05:34:59 +0000
Post From: Trading System Based on Alert Condition
| [2024-04-01 17:55:47] |
| John - SC Support - Posts: 36238 |
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2. Since you want to have a Buy and Sell condition, you would need to have two copies of the "Trading System Based on Alert Condition" study, one for Buy and one for Sell. For the Sell situation, you would put the following Alert Condition in the Alert tab for the "Trading System Based on Alert Condition": =C < ID1.SG2 Where C is the Close of the bar, ID1 is the ID of the "High/Low for Time Period" study and SG2 is Subgraph 2 of the High/Low for Time Period study, which is the Low. As long as the Input for "Support Reversals" is set to "No", then you will not have any issue with the two studies conflicting. 3. To do this just make sure the Inputs for "Maximum Long Trades Per Day" and "Maximum Short Trades Per Day" are set to 1. You would have to increase this to then get another trade to occur. 4. Generally to place a Stop, you would have it setup in the Trade Window with a certain offset. To get what you are asking for here, you would need to use the "Trade Management by Study" study and set it up to have the Stop moved to the High/Low of the Main Price Graph and then you would have to turn it off so that it does not update with further bars. Refer to the following: Attached Orders: Study Controlled Targets and Stops For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |