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Date/Time: Sat, 15 Mar 2025 22:59:25 +0000



[Programming Help] - Automated Trading on Bid/Ask Imbalances

View Count: 395

[2022-08-03 23:26:13]
Sam McLennan - Posts: 9
Hi,

I am interested in creating an algorithm that takes trades automatically when it detects an imbalance or several imbalances between bid/ask volumes when certain criteria are met - minimum volume, minimum imbalance volume/ratio, minimum adjacent imbalances etc. I would also like to be able to turn the strategy on and off and adjust the criteria during trading to incorporate a discretionary element. Before I look too far into this as it is going to take a lot of time and study on my part, I was wondering, is this achievable with Sierra Chart, and if so, are you able to advise me as to what I should study? I know this can be done with NinjaTrader, however Sierra Chart is my preferred platform. I apologise if I have posted in the wrong forum.

Thanks
[2022-08-04 06:35:17]
binaryduke - Posts: 378
Depends on whether you are able to/want to write code (Sierra Chart ACSIL extensions to C++). If not, you can utilise the built-in Spreadsheet System for Trading. I've dropped you a DM request.

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