Login Page - Create Account

Support Board


Date/Time: Sat, 23 Nov 2024 12:43:59 +0000



Post From: [Help] Automated trade for simple bracket order of a bar

[2024-11-17 22:27:23]
Pugseh - Posts: 2
I've been playing with the automated trading spreadsheet for a few days to learn some things, but I'm afraid I don't need anything so robust at this time.

Essentially, my problem is that I already have my alerts configured and my system could eventually be automated, but my initial entries aren't part of the alerts in the system.

What I need is the ability to run a very simple hi/lo buy/sell entry based on a candle. It could be the premarket 15-minute candle or the first 5-minute candle, it doesn't matter.

I want the automated trade to buy if the market goes up say, 50 points above the high of the 1545 15-minute candle, or sell if it goes 50 points below the low of that candle.

Basically, I need to have this as a backup if I'm going to miss a market open. I primarily trade the Tokyo futures on the West Coast and Daylight Savings and kid pickup and traffic, etc have recently presented an obstacle.

So let's say I open my software at 1530 Pacific, Tokyo opens at 1600. I enable my auto-trade, and I can leave to pick up my kid knowing that even if I'm ten minutes late returning, I'll at least get those initial orders placed.

As an aside, I gotta say the automated features are all very cool despite not being overly user-friendly. Had some interesting runs using Keltner channels and also stochastic. Very cool, very robust system.