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Direct MessagesDate/Time: Sun, 08 Sep 2024 00:08:55 +0000
reversals with no position
View Count: 838
| [2015-09-29 00:25:44] |
| dominikos - Posts: 106 |
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I want to use spreadsheet for automated strategy and it is not clear to me how to properly implement an order reversal. In spreadsheet, I can use buyexit/sellentry or sellexit/buyentry columns however I suspect that they won't be executed properly since I would need exit to be executed before any new entry and it seems that columns are parsed in the order. Another alternative is to use order reversals but it is not clear how the reversal would work if there is no position. What is the best way to implement it? |
| [2015-09-29 00:31:14] |
| Sawtooth - Posts: 4083 |
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Set 'Support Reversals' to Yes, then just use K3 and M3. If you are in a long position, and M3 goes TRUE, it will reverse to short. If you are in a short position and K3 goes TRUE, it will reverse to long. If you are flat, either K3 or M3 going TRUE will enter a new position. You don't use L3 and N3 to reverse. These are used to exit before a reversal occurs, and only if you want to exit based on a formula. Date Time Of Last Edit: 2015-09-29 14:04:37
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| [2015-09-29 00:32:22] |
| dominikos - Posts: 106 |
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Thank you, exactly what I needed.
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| [2015-09-29 03:20:51] |
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The documentation for Support Reversals is here: http://www.sierrachart.com/index.php?page=doc/doc_AutoTradeManagment.php#SupportReversals Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2015-09-29 12:11:35] |
| dominikos - Posts: 106 |
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Thanks, on the first reading I missed the important sentence: "Merely a new entry.".
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