Support Board
Date/Time: Sat, 23 Nov 2024 21:27:21 +0000
Post From: Help with creating automated trading system
| [2024-07-26 19:02:13] |
| John - SC Support - Posts: 36238 |
|
But to be safe, is there a way to create the opposing reversal order to trigger ONLY when the stop loss has actually been filled instead of just setting it to a price level?
The problem is that within the Spreadsheet System for Trading, there is not a way to know that the position was closed by the Stop. You could definitely setup a "Buy Entry" with a Stop condition and wait for that position to be closed before entering a "Sell Entry" and so on. But overall the logic would be the largely the same. In the end, you need to work out how best to make this happen for you. As you add complexity, the Spreadsheet System for Trading may not be able to do what you want, in which case you then need to create a custom study. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |