Support Board
Date/Time: Thu, 23 Jan 2025 09:54:12 +0000
Backtesting Limit Order Offset
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[2018-11-19 15:12:14] |
User489862 - Posts: 14 |
Hi, I am currently using the Spreadsheet System for Trading study to help back test a strategy using market replay. Trades are triggered when a bar closes with and the alert condition is true. However, let's say for a buy signal is triggered because a green candle closes with the alert condition, the buy limit order is placed +1 above the green candle. Vice versa for a sell signal, the sell limit order is placed -1 below a red candle for a sell trade. I would like to get in at a better price (i.e. wait for a slight pullback so how do I set the automated trade to occur a few ticks below for a long trade and a few ticks above for a sell trade? Thanks |
[2018-11-19 22:52:34] |
Sierra Chart Engineering - Posts: 104368 |
You can control the order type and prices. Refer to: Spreadsheet Systems, Alerts and Automated Trading: Buy Entry: Order Type [J71] Your Sierra Chart account is expired. For further support, make sure you are using the correct account by logging in with Help >> Support Board. 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 Date Time Of Last Edit: 2018-11-19 22:53:01
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