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Spreedsheet position reversed at a set point loss, then let the next buy/sell signal close

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[2014-04-19 22:21:15]
User33781 - Posts: 5
I'm using auto trading with spreadsheet. I wish to have the position reversed at a set point loss, then let the next buy/sell signal open new position. Also will I still be able to backtest?
[2014-04-21 17:39:38]
Sierra Chart Engineering - Posts: 104368
Refer to Support Reversals here:
https://www.sierrachart.com/index.php?l=doc/doc_AutoTradeManagment.php

Back testing is supported. Refer to:
https://www.sierrachart.com/index.php?l=doc/doc_Backtesting.php
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
[2014-05-11 21:16:52]
User33781 - Posts: 5
I may not have explained my question well. I have read the material suggested but I don't see a way of having a reverse buy/sell signal generated after being stopped out of a position. I can do it manually by doubling the shares in the stop order after I'm in a position, but when I try and enter double shares in the attached stop order I get "Target/Stops No Match". Is there a way of disabling the "Target/Stops No Match", or some other method that would achieve the same result?
Date Time Of Last Edit: 2014-05-11 21:18:18
[2014-05-13 00:15:58]
vegasfoster - Posts: 444
Maybe try something like =and(condition 1 is true, $J$5=0, $J$7<0) for buy. Condition 1 is optional.
[2014-05-14 05:10:23]
Sierra Chart Engineering - Posts: 104368
If you want to use the Support Reversals feature of the Spreadsheet System for Trading study, then you need to handle the Stops within the spreadsheet itself.

And not use Attached Orders. So you would only be using using the Buy Entry and Sell Entry cells.
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
[2014-05-30 10:24:38]
Sierra Chart Engineering - Posts: 104368
Actually, what we said in post #5 is not really correct. You still can use Attached Orders as long as you have set:
CancelAllOrdersOnEntriesAndReversals

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: 2014-05-30 10:24:47

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