Prescott AZ USA
Experience: Advanced
Platform: SierraChart
Broker: Stage5, FCM:Dorman, Data:Denali, Routing:Teton
Trading: YM ES NQ
Posts: 474 since Nov 2009
Thanks Given: 219
Thanks Received: 603
|
With your excel experience, the logical choice would be to use the Spreadsheet System for Trading study.
You write excel-compatible formulas in cells K3 and M3, referencing study outputs in columns AA and above. This is the very basic simplistic idea, but complex systems can be created.
You then use the Attached Orders function of the Trade Window for targets and stops. This is the easiest way.
For backtesting, there are 3 choices, at these menu locations, each with their advantages/disadvantages:
Trade >> AutoTrade System Bar Based BackTest
Trade >> AutoTrade System Replay BackTest
Chart >> Replay Chart
Search the Sierra documentation for spreadsheets, Attached Orders, back testing. Lots to read, but comprehensive.
Or ask more questions here.
|