...
Overview
...
Feature List
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
Long Signal Ref, Short Signal Ref
Specifying Trade Direction
Long And Short
Long Only
Short Only
Trade Management and Trade Exits
The bot supports two options for exiting a position:
Using Sierra Chart attached orders
Signal based exits
Placing Attached Orders via SierraChart Trade Window
Attached orders are defined in the Sierra Chart Trade Window
Setting Up Exit Based On a Signal
Signal based exits are controlled through inputs
Notes Regarding the Various Inputs and Settings
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).
The Enter on Bar Close setting controls whether to wait for the bar to close or enter intrabar when a signal appears.
Support Reversals
When in an existing position, defines the bots behavior when an entry signal is encountered in the opposite direction.
For example, say there is a long position on and a short signal fires.
If Support Reversals is Enabled, the bot will exit the long position and enter a short position.
If Support Reversals is Disabled, the bot will ignore the short position.
Allow Multiple Trades in Same Direction
Allow Multiple Trades on Same Bar
Trade Exit
The bot supports two options for exiting a position:
- Using Sierra Chart attached orders
- Signal based exits
Placing Attached Orders via SierraChart Trade Window
Attached orders are defined in the Sierra Chart Trade Window
See video on how to
Setting Up Exit Based On a Signal
Signal based exits are controlled through inputs
Auto-disable after entry
Auto-disable after entry - enable the bot for one entry. The bot enters on the next signal and then automatically disables itself
Study Calculation Order (Very Important)
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
- Using the bias filter - https://youtu.be/UbAAGjVgnis
...