Simple ASCIL question

March 8th, 2018, 09:08 AM

Hi,

I've been going through the example trading systems however I've been struggling with this for quite some time. I've tried to do it with both spreadsheet (using match and index functions) and ASCIL.

All I need to do is very simple, I have a signal on a candle, and I want to keep reference to that signal candle and execute trades based on it. Say I have a signal and I want to buy the mid of the candle but I don't don't want to reference just the previous candle to check for signal. Signal could still be valid if say the high of the candle was not broken - (so many bars could have elapsed). I want to take the targets/exits also based on the signal candle.

Could anyone help please?

Thank you

March 13th, 2018, 02:50 AM

This sounds like a use case for Sierra Chart persistent variables which are well documented on their site.

March 17th, 2018, 08:04 PM

You. Can set a limit order based on whatever price you want, and cancel it if some event happens, like price exceeding the high.

For the targets you can use Trade Management by Study, and move it based on a formula.

Sent from my iPad using futures.io

Simple ASCIL question

Discussion in Sierra Chart

Simple ASCIL question