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Market entry orders
Trade panel on the chart for quick enable/disable
Set direction - long only, short only or long & short
Auto-disable after entry - enable the bot for one entry. The bot enters on the next signal and then automatically disables itself
Attached orders - uses attached orders defined in the SC trade window for trade management
Exit signals - supports reference to exit signal subgraphs
Trade Window - set trading start time and trading end time. Bot will skip signals that are outside this time window
Trade Entry
Entry Signals
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and References
In order for the Auto-Trader to enter a position, an entry signal must trigger. These entry signals are essentially signal subgraphs that are wired to the bot using what are called “references” in Sierra Chart.
In Sierra Chart, there are various ways to implement these signals.
Alert studies - for example, using the Color Bar Based Alert study or any ACSIL based study that produces a signal
Spreadsheets - a signal can be implemented in one of the columns of a Sierra Chart Spreadsheet. Spreadsheet columns are subgraphs that can later set as entry subgraphs
Custom study dll’s - custom study dll’s that include singals as subgraphs (e.g., arrows on the chart) can be used as entry signals
The bot includes 2 input settings that users use to set the reference - one input for long entry signals and one input for short entry signals.
For more detail, see videos at the bottom of the document demonstrating these concepts.
Trade Management
Specifying Trade Direction
Long And Short
Long Only
Short Only
Trade
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Exits
The bot supports two options for exiting a position:
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Notes Regarding the Various Inputs and Settings
Long Signal Ref, Short Signal Ref
References to the signal that trigger the bot to enter new trades.
Enter on Bar Close
Some signals will fire intrabar and might flash on and off. This is determined by the entry signal and how its implemented (outside of the Auto-Trader).
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Auto-disable after entry - enable the bot for one entry. The bot enters on the next signal and then automatically disables itself
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Reference Links
Video Demonstrating entry with crossover, protective stop and signal based exits - http://www.youtube.com/watch?v=Bf227-bL2IM
Using SC's built in MACD crossover system - https://youtu.be/DUisHztHViY
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