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Date/Time: Thu, 21 Nov 2024 13:15:42 +0000



Can I automate a 'zone/time range' to trigger an entry?

View Count: 59

[2024-11-17 16:09:56]
User120358 - Posts: 29
Hello!

I am working on an automated play, and I would like to use a zone (6pm to 7pm) as my range, and enter when price closes above or below that range.

Imagine HIGH price within that hour is $80, and LOW price is $79. At 7pm, that zone is marked. Once a bar closes above or below, a trade is entered in that direction. The trade that is entered from that signal, I want to have a target of 100% of that zone. In this example, its 10 ticks (79-80).

Is this possible within the spreadsheets? To define a zone between two time points, and enter a trade with the amount of ticks?

Thank you in advance!
Date Time Of Last Edit: 2024-11-17 16:30:15
[2024-11-17 23:49:34]
OctoPi - Posts: 37
This seems pretty straight-forward.
I am not sure how to get it done using spreadsheet system, but I do have a tool that can do this rather easily using GUI interface, if you are into click strategy builders.

Check out my post, we have 30-day full feature trial available to test any strategy you want:
Click/No Code Strategy Builder, Algo Portfolio Composer plugin for Sierra Chart
[2024-11-18 20:20:36]
Sawtooth - Posts: 4118
Is this possible within the spreadsheets?
It is possible with the Spreadsheet System for Trading study.

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