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Sierra Chart Worksheet System For Trading/Alert Discussions
I have used both Ninja and SC for the last 3 years, and I think I may be staying with SC. But, to make that decision I thought it would be better to get others experienced SC users opinions first.
My system is trading the YM, NQ, ES and TF. BTW, this is clearly a pullback system-PB
It uses 2 time frames-4/5R, mainly as the entry chart. I use a HTF-9R/11R.
I want it visual, meaning that I want to plot the HTF chart on the my entry chart and plot it to a sub-panel#2 as a bar. I want to use 3 colors-blue-long, red-short, and white-showing no signal. I will set the HTF to have the same coding for coloring the bars as the entry chart.
Sub panel 3 will have the entry chart color bars, just set to bars, dash in the color panel.
But the key is waiting to see when the HTF bars, match the entry bars (in the sub panels), then look for a PB when the TPO-Turning Point Oscillator, and MACDBB dots are over/under zero line and for longs, I get a blue dot and shorts a red dot. Then look at the entry and buy on the PB.
I have a similar pic, but I cannot get multiple alerts to print out a correct bar of the price bars. The pic bars in the sub panels are colored just by the macd settings, so it shows what I look for but the bars in the sub panel do not match the entry paint bars on price.
Right now I have the color bars on price displayed by using the color bar base on alert, and I have all the codes in the alert. I do not have slope, and a few other things that I want.
My question is this, if anyone trades this way and wants to help, then we can partner up. But, for now I will take any thoughts on what is the best way to get this done. Like using worksheets, of having it all hard coded.
I have in the coded price over the MA-21/89-entry, HTF-13/55 ATR set to 10/2.01, MACD >0, <0, TPO -.8 for longs, and <.8 for shorts. The key is having all time frames and indicators going the way of the trend, then buy a PB, and only buy if the stop is within my risk per total trade. The key on how I stay out of trouble and over trading, is that I rarely that an originating reversal signal (take the next supported PB), except when I have TPO and MACD divergence confirming.
Take care,
Can you help answer these questions from other members on NexusFi?
It looks like you have most of the chart stuff completed. To get the Higher Time Frame in a lower time frame chart region, apply the Overlay (Bar) study to the lower time frame chart.
For coding entries based on both timeframes, add the same-named worksheet study to both charts. This will cause each chart's data to be on its own worksheet tab in the same workbook. Another way to do it is to overlay any HTF indicators on the lower time frame chart using the Study/Price Overlay study.
Coloring price bars and indicator bars/lines can also be done with the Worksheet Study study, and it should be no problem coloring the HTF pricebars.
The system you describe would have some complexities and might exceed what you would want to share on the forum. I am willing to help, and you can PM me if you like.
Hi Tom, Thank you for your response and allowing me to PM you...I will
Tomorrow I will work on the price chart, and want to copy the LTF on a sub panel. Thank you for your offer to help-Take care, Mark
I have not worked with worksheets, so today I will read about them.
I have a text of a reversal trigger that is used in a ym trading room, I bought the software 3-4 years ago, but finally just wrote out the logic, and wanting to know if could be coded in a worksheet or does ot need to be hard coded. Could you please take a look and let me know, when time allows. I will attach the word doc.
Excel is easier than c++ for simple programming tasks, but less powerful for complicated algos.
I'm sure the book you found would be fine for learning Excel. I'm self-taught, with the help of some forums, and I've not read any.
You don't need to know the later versions of Excel to use SC worksheets. For example, the AVERAGEIF function in Excel 2007 is not in the list of SC worksheet functions. Sierra Chart - Worksheet Functions
This is the basic resettable locking state formula:
=AND(OR(H1=TRUE,H2>1),H3=FALSE)
The colored portions are the only things you edit.
The Red is the cell that contains the entire formula. In this example this formula would go in H1. This creates a circular reference to H1. You may need to check the box 'Iteration' in the Workbook Explorer. (Right click in a cell, choose Workbook Explorer >> Workbook Set >> Calculation >> Iteration).
The Blue is the formula that must go TRUE to lock H1 TRUE. It can be as complex as needed, it can be part of this formula, or you can put the formula in another cell and reference it, as in the example.
The Green is the cell (H3 in this example) that contains the formula to reset the locked state of H1. When H3 goes TRUE, the lock is reset. H3 must then go FALSE before H1 can be locked TRUE again.
This is another way to deal with SC's descending order spreadsheet studies, different from the solution in post #7.
It is an expansion of the concept in SC's documentation, without having to manually enter a formula in every cell: Sierra Chart - Spreadsheet Additional Information
1) Put this in cell Z2: =J30+1
2) Put this in cell Z3: =Z2-1
3) Put this in cell Y3: =INDEX(A$3:A1002,Z3,1))
This assumes you have Number of Rows set to 1000. Edit the A1002 to the number of rows +2.
This example sorts the Date Time column A, but it works with any column.
