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Date/Time: Sun, 24 Nov 2024 14:54:41 +0000



Entries not triggering a reversal

View Count: 201

[2024-05-16 15:50:36]
User758025 - Posts: 3
Hi
I have support reversals set to true on the spreadsheet for trading and also cancel all working orders when reversed/opposing trade is set to true. When Buy/sell entries are triggered in K3 or M3 I am not getting the corresponding reversal of the current position. I have a static value in order quantity J26. I am wondering if the reason the trades are not reversing is that I have targets and stops set in the trade window? On chart books where I am not using the trade window to manage trades the reversals seem to be ok.

Help please!!!
[2024-05-16 16:14:52]
John - SC Support - Posts: 36238
Most likely it is due to having the Input for "Allow Multiple Entries in Same Direction" set to "No". Set this to "Yes" and then see if you get your reversals as you expect. Refer to the following:
Automated Trading Management: AllowMultipleEntriesInSameDirection
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-05-17 11:13:41]
User758025 - Posts: 3
That doesn't seem to have worked. Is there any other setting you can think of that I need to change? Do I have to suport scale out on the orders sections of the trade window? Thanks!
[2024-05-17 17:30:17]
Sierra_Chart Engineering - Posts: 17156
Refer to the information here regarding Reversals:
Automated Trading Management: SupportReversals

No:
Do I have to suport scale out on the orders sections of the trade window? Thanks!

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, use the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2024-05-17 17:30:56
[2024-05-17 18:53:35]
User758025 - Posts: 3
ok so others who might read this know, Allow entries with working orders needs to be YES if you are using the trade window to manage stops and take profits! If not it can't enter and therefore reverse when you have a current trade...

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