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Automated Trading - unwanted multiple entries triggered after SC version 1983?


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Automated Trading - unwanted multiple entries triggered after SC version 1983?

  #1 (permalink)
stoplimitless
Houston, TX USA
 
Posts: 1 since May 2019
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I recently started my automated trading journey in June. I've been backtesting some simple strategies with the "Trading System Based On Alert Condition" study, however since version 1983 all the way to current version, the same "TSBOAC" studies that originally (pre v.1983) triggered only 1 buy/sell entry as intended, now make multiple entries by itself, one after the other.

I want to assume it's not a bug but my lack of understanding. Are there new settings/inputs within the TSBOAC studies, or settings within Sierra Chart (maybe having to do with Replay?) after version 1983 I have to amend to get my Trading System Based On Alert Condition to work correctly?

So far, I have played around with all the settings in each TSBOAC study I suspect may cause this, mainly turning them OFF (Maximum Position Allowed, Allow Only One Trader Per Bar, Support Reversals, Allow Multiple Entries In Same Direction, Allow Entry With Working Orders) - but with NO LUCK. I also turn ON "Evaluate On Bar Close" options. The TSBOAC study still triggers multiple entries for any Sierra Chart version 1983 and up.

Thank you for any help you can provide!

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  #2 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: Stage5, FCM:Dorman, Data:Denali, Routing:Teton
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Quoting 
the same "TSBOAC" studies that originally (pre v.1983) triggered only 1 buy/sell entry as intended, now make multiple entries by itself, one after the other.

With an instance for Buy Entry and another for Sell Entry, using simple MA crossovers for the signals, I can't duplicate this issue in v2005. See pics for settings.

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Name:	TSBOAC settings.PNG
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Last Updated on October 29, 2019


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