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Direct MessagesDate/Time: Mon, 16 Sep 2024 19:23:42 +0000
Post From: Long Entry and Short Exit | Short Entry and Long Exit
| [2024-07-05 12:10:03] |
| User471063 - Posts: 7 |
|
Thanks for quick response, don't understand this. Is 'Signal Only On Bar Close (K, M) set to No? A. currently Signal Only On Bar Close set to No. What is in K2 and M2? These are the subgraph name/label cells, and not intended for formulas, unless you want to create a dynamic name. A. It was just placeholder for you to see K@2 my logic trying to trigger signal to M@3 =1. Correct me if I'm wrong about the basic concept for NQTV stocks. Example Spreadsheet trading: 1 when the lowest price returns True K = 1 open parent order. 1.1 Price moves above RSI 80 then starts to pull back, triggering Sell Entry (Take profit). M = 1 1.2 Since Sierra set auto Reversal Open Sell Entry automatically. 1.3 Sell entry reaches lowest price returns true and K =1 Triggers Buy Entry to Exit. 1.4 Stock price and Volume dried for the day No auto reversal until price and volume trend again. 1 full cycle trade completed successfully. Currently, I'm on the latest version of the Sierra package. You can add how many IF, AND OR at the end K=1 means trigger buy entry. Above is my example. Since we already opened a position at the lowest price, then the price moved to overbought, my formula triggers M=1 but Ignores and Buy again at the overbought. The Sell entry scan M column for the highest price to short sell, it's not going to get in >80 due to volatility or time delay. It will gets at >70, so the RSI moved 10 points. Then the price moved, and the whole trade became a loss. If we allow K to trigger Sell Entry M = 1 and Sell Entry logic to trigger K =1 that might reduce the time delay. Currently reversal happens automatically there are many situation we don't need reversal. Is there anyway add logic to check if whether we really need reversal? if logic reruns No no action needed until next Alert. Thanks for amazing support Abdul |