Support Board
Date/Time: Thu, 17 Apr 2025 23:49:51 +0000
Post From: Entry Optimizer + Analysis built into Sierra
| [2025-04-03 17:00:39] |
| Trader _ Coder - Posts: 3 |
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🔧 Entry Optimizer 🔧 Hello Sierra Chart community, I’m excited to share a custom study I’ve developed — Entry Optimizer — designed specifically for traders looking to evaluate and optimize entry signals using real trade data and statistical performance analysis directly within Sierra Chart. 🔍 What it Does: This study simulates trades based on user-defined long/short signals and provides a full breakdown of performance metrics over variable hold durations (e.g., 1–30 bars). It is ideal for forward testing and refining trade entries. 🧠 Key Features: ✅ Signal Integration Works with any custom long and short signal studies — just link your subgraphs. 🕹️ Customizable Entry Logic Choose to enter at the Signal Bar Close, Next Bar Open, Next Bar Close, or Mid Price. You can also set a bar offset for delayed entries. ⏰ Trade Window Filtering Limit trades to a specific session time window (e.g., 9:30 AM to 2:00 PM) to reflect realistic trading hours. 📊 Statistical Breakdown (per hold duration) Win % Average MFE (Max Favorable Excursion) Average MAE (Max Adverse Excursion) Cumulative PnL Risk:Reward ratio View this breakdown for each duration from 1 to N bars. 📈 Equity Curve Visualization The tool includes a dynamic Windows GUI window that shows an equity curve with hover-tooltips for each trade. Supports filtering by Longs, Shorts, or Combined trades. 💵 Units in Ticks / Points / Dollars All metrics can be displayed in your preferred unit of measurement. 📁 CSV Export Trade-level data can be exported for any hold duration, allowing for external analysis or journaling. here is the best part, its within Sierra but it pops out as its own window...no need for external software. Phase 2, will include a button that has a breakdown of every stat you can think of including more risk control such as points for target and stop loss instead of hold time(bars)...this is Phase 1 Date Time Of Last Edit: 2025-04-03 17:02:49
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