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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

  1. Long And Short

  2. Long Only

  3. Short Only

Trade Management and Trade Exits

The bot supports two options for exiting a position:

  1. Using Sierra Chart attached orders

  2. 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

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

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