Support Board
Date/Time: Thu, 28 Nov 2024 09:59:13 +0000
[User Discussion] - Automation
View Count: 692
| [2022-10-12 20:04:25] |
| User104714 - Posts: 25 |
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Is this scenario possible: Price crosses an object(horizontal line) on one asset (ES) and it triggers a buy/sell order on a different asset (NQ). |
| [2022-10-12 21:30:37] |
| John - SC Support - Posts: 36350 |
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If you are wanting to do this all the time - that is you want to trade the NQ from an ES chart, then use the Use as Trade and Current Quote Symbol setting. Refer to the following: Chart Settings: Trade and Current Quote Symbol (text box) (Chart >> Chart Settings >> Symbol >> Symbol menu) You would probably also want to set the option for Use as Trade Only Symbol. The documentation for which is right below the section above. If, this is just a one-off situation, where you really want to get that trigger information into the NQ chart and then trade from the NQ chart, then you would need to setup a way to get the information and then use the Study/Price Overlay to get the information into the NQ chart. If you are using a Horizontal Line drawing, then the easiest way to do this would be to use the Spreadsheet Formula to do the test. You would enter the following for the formula in the study, assuming you want to test when price goes above the line: = IF(C > UDID[x].A1, 1, 0) Where x is the ID of the drawing. Refer to the following for how to write an alert that references a drawing: Study/Chart Alerts And Scanning: Referencing Chart Drawings And refer to the following for the Spreadsheet Formula: Spreadsheet Formula Then use the Study/Price Overlay to get the Spreadsheet Formula into the NQ chart and then test to see if the Study/Price Overlay has a value of 1 to then trigger your trade. Refer to the following for the Study/Price Overlay: Study/Price Overlay Study For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-03-16 01:15:53] |
| User104714 - Posts: 25 |
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Then use the Study/Price Overlay to get the Spreadsheet Formula into the NQ chart and then test to see if the Study/Price Overlay has a value of 1 to then trigger your trade. Refer to the following for the Study/Price Overlay:
Very helpful so far, thanks. I can't seem to connect this final dot. I have the ES line working great to trigger the spreadsheet. I can add and see the spreadsheet formula as a study/price overlay on the NQ chart, but I can't figure out how to trigger a trade from it. Please advise, thanks. |
| [2023-03-16 14:56:27] |
| John - SC Support - Posts: 36350 |
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It sounds like you have the line in the NQ chart, in which case you would need to use one of the trading studies to place the trade. For example, the Trading System Based on Alert Condition would probably be the one to use, where you would set the Alert to be the following: =ID1.SG1 <> 0 Where ID1.SG1 would be the Study/Price Overlay of the Spreadsheet Formula you used in the ES chart (you would have to update the ID for the actual ID in your chart). The "<>" means "not equal to", so when it is non-zero you will get the true signal for the study. Refer to the following for the information on the Trading System Based on Alert Condition study: Trading System Based on Alert Condition For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-04-19 18:42:24] |
| User104714 - Posts: 25 |
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Thank you. I will try that. Can you also please instruct me on how I would use a particular bracket ("2targetswithBEstop")in this formula? Thank you. |
| [2023-04-19 20:25:42] |
| John - SC Support - Posts: 36350 |
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You have to have the bracket setup in the Trade Window prior to the Automated System placing the trade. In general, the automated systems will use the settings from the Trade Window unless it is otherwise specified.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-05-03 02:32:17] |
| User104714 - Posts: 25 |
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Do you know how I would find someone who could help me do this? Thank you.
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| [2023-05-03 14:23:54] |
| John - SC Support - Posts: 36350 |
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We have set this as a User Discussion, as other users may be able to help you. Also, you can try contacting Diana Pena, who is a third party that helps people with Sierra Chart. You can contact her through the following link: https://bio.link/dianapena For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-05-08 03:36:34] |
| User104714 - Posts: 25 |
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Hello, after further review, it made more sense to go with your very first set of instructions to Use as Trade and Current Quote Symbol. Now that is setup, how can I have NQ trigger a buy bid order, from price triggering a limit order I have placed on the ES Chart? What I really mean instead of limit order, is the green entry line in Chart Trader. I think the MIT might work, but it wont trigger the order. THanks. |
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