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Date/Time: Wed, 12 Mar 2025 21:34:58 +0000



Help with formulating alert/ automated trade

View Count: 447

[2022-05-29 17:12:33]
User283743 - Posts: 38
Could you help with this:

I want the alert/trade entry when:

ID3.SG1 crosses above SG1 (go long)

or

ID3.SG1 crosses below SG1 (cover long)

or

ID3.SG1 crosses below SG2 (go short)

or

ID3.SG1 crosses above SG2 (cover short)


Thanks.
[2022-05-29 20:07:17]
Sawtooth - Posts: 4182
What is the ID# of the other SG1, and SG2 ?
Date Time Of Last Edit: 2022-05-29 20:07:39
[2022-05-30 08:59:27]
User283743 - Posts: 38
Hi,
it's ID1 for the other SG1 and SG2.
Thanks.
[2022-05-30 12:22:18]
Sawtooth - Posts: 4182
Which study are you using?:
- Trading System Based On Alert Condition
- Spreadsheet System for Trading
[2022-05-30 13:30:54]
User283743 - Posts: 38
Hi Tom,

I was just after the alert formula initially,
the added the trade request; so I'm not using a study
for the trade yet but from your examples/options,
- Trading System Based On Alert Condition
sounds promising.
[2022-05-30 16:15:29]
Sawtooth - Posts: 4182
Try this:

ID3.SG1 crosses above ID1.SG1 (go long):
=CROSSFROMBELOW(ID3.SG1,ID1.SG1)

ID3.SG1 crosses below SG1 (cover long)
=CROSSFROMABOVE(ID3.SG1,ID1.SG1)

ID3.SG1 crosses below SG2 (go short)
=CROSSFROMABOVE(ID3.SG1,ID1.SG2)

ID3.SG1 crosses above SG2 (cover short)
=CROSSFROMBELOW(ID3.SG1,ID1.SG2)

You can put them together with OR(...,...,...,...)

If you use this in the Trading System Based On Alert Condition study, you'll need 4 instances, one for each operation:
Buy Entry
Buy Exit
Sell Entry
Sell Exit

Trading System Based on Alert Condition

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