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Date/Time: Tue, 15 Apr 2025 12:33:28 +0000



[User Discussion] - Entry Optimizer + Analysis built into Sierra

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[2025-04-03 17:00:39]
Trader _ Coder - Posts: 3
🔧 Entry Optimizer 🔧
Hello Sierra Chart community,

I’m excited to share a custom study I’ve developed — Entry Optimizer — designed specifically for traders looking to evaluate and optimize entry signals using real trade data and statistical performance analysis directly within Sierra Chart.

🔍 What it Does:
This study simulates trades based on user-defined long/short signals and provides a full breakdown of performance metrics over variable hold durations (e.g., 1–30 bars). It is ideal for forward testing and refining trade entries.

🧠 Key Features:
✅ Signal Integration
Works with any custom long and short signal studies — just link your subgraphs.

🕹️ Customizable Entry Logic
Choose to enter at the Signal Bar Close, Next Bar Open, Next Bar Close, or Mid Price. You can also set a bar offset for delayed entries.

⏰ Trade Window Filtering
Limit trades to a specific session time window (e.g., 9:30 AM to 2:00 PM) to reflect realistic trading hours.

📊 Statistical Breakdown (per hold duration)

Win %

Average MFE (Max Favorable Excursion)

Average MAE (Max Adverse Excursion)

Cumulative PnL

Risk:Reward ratio
View this breakdown for each duration from 1 to N bars.

📈 Equity Curve Visualization
The tool includes a dynamic Windows GUI window that shows an equity curve with hover-tooltips for each trade. Supports filtering by Longs, Shorts, or Combined trades.

💵 Units in Ticks / Points / Dollars
All metrics can be displayed in your preferred unit of measurement.

📁 CSV Export
Trade-level data can be exported for any hold duration, allowing for external analysis or journaling.

here is the best part, its within Sierra but it pops out as its own window...no need for external software.

Phase 2, will include a button that has a breakdown of every stat you can think of including more risk control such as points for target and stop loss instead of hold time(bars)...this is Phase 1
Date Time Of Last Edit: 2025-04-03 17:02:49
imageScreenshot 2025-04-03 095218.png / V - Attached On 2025-04-03 16:57:58 UTC - Size: 181.64 KB - 58 views
[2025-04-03 19:21:46]
Skipp - Posts: 8
Looks really helpful, are you selling this?
[2025-04-03 20:15:20]
Trader _ Coder - Posts: 3
I am working on a DLL -- theme is "Research"

Right now the DLL has a Divergence study (connects to any oscillator ) and this Optimizer is part of that DLL

Probably will end up with 5-10 studies to help folks create signals and use optimizer to test their ideas

You can go in the discord for free if someone wanted (called the channel research team) -- but the studies DLL is $250 (lifetime)

fun fact, optimizer is 1800 lines of code and by the time I get phase 2 done...will be probably 3k lines of code is my best guess.
[2025-04-04 14:06:26]
User411320 - Posts: 318
can't find the discord
[2025-04-04 15:24:24]
JohnR - User831573 - Posts: 330
What other studies / functionality is your current plan to have in the DLL?

JohnR
[2025-04-04 17:55:15]
Trader _ Coder - Posts: 3
I have a few different Dll's

This is one is specific to creating signal and then use a analyzer to run it -- also analyzer can connect to any signal...does not matter if its another 3rd party or something used to create on your own with SC color condition studies or spreadsheets.

I am making this one as I think it get be beneficial so priced it super low so its attainable for all and fair

right now its a Divergence study that connects to any oscillator and the

My other DLL's have one (trading method) and several other studies (over 20+) on those. .

Just go in discord and look at the PDF's + premade chartbook using SC studies and custom studies...

here is the link https://discord.gg/CdZ3UZK5

Once you're in, I'll have to override as I vet to make sure no bots come in before I open it up.

Made several PDF's - but these are part of other DLL's -

I really want the research theme DLL to be separate and since many folks have ideas but are stuck on how to write alerts, my goal is to write just those studies to help them connect to whatever studies and create signals

no riff raff...I remove them right away. Only serious folks who actually trade / no degenerates
[2025-04-10 17:38:01]
User411320 - Posts: 318
im in

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