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I trade against fast moving data (like 200 tick charts ES) and am looking for a way to do this:
- Manually set a strategy to ARMED when I feel like conditions are good
- Then have the strategy trigger based on whatever conditions are in the strategy
- Take manual control over the automated strategy if needed (so stop the automation but keep the last orders active with ability to move the orders around on the chart like usual)
- otherwise, let the strategy complete and go into an UNARMED state waiting to be manually ARMED again
Maybe this is as simple as enabling/disabling a strategy by hand? But depending on the interface this could be clear/simple or an annoying amount of clicks. I need it to be fast.
Main point is, I want to manually ARM the system and then let it buy/sell when strategy says. Things move too quickly for me to start the thing based on looking at a chart.
Is this possible with default SC or would this take a bunch of custom programming?
Thanks!
Can you help answer these questions from other members on NexusFi?
- You can set a Control Bar button to enable/disable autotrading. That would allow you to quickly manually arm an autotrading strategy.
-To avoid a 'bunch of custom programming', and if the conditions of the strategy are not too complex, it could be coded in the Trading System Based On Alert Condition study, which uses Simple Alert syntax. If the strategy is more complex, you could use the Spreadsheet System for Trading study, which uses spreadsheet syntax. Regardless, some programming will be required.
- Whether autotrading is enabled or disabled, orders can be manually managed.
- Having the strategy disable itself but allow the user to quickly re-enable is the tricky part. This would only be possible with the Spreadsheet System for Trading study, but it cannot toggle Control Bar buttons. Whether this is possible lies in the details of your strategy, and what you can live with.
- You could also do everything you want with a 'bunch of custom programming' in a custom ACSIL study.
Turning it on/off manually might be ok, but having a one-shot that fires when manually armed would be perfect. If I have to code it up, that wouldn't be terrible, but I'm trying to focus on trying/hypothesis not development.
I don't know the coding but here you can see icefrosty's amazing "floating button bar" in his TICKHUNTER software that he gives away for free!!!!... that contols preset functions. (and there are a TON of them!)
But the point is you can have resting order then have a floating "send to market" button.
I found this in MPTpredictor software too was good. This is paid for but incredible software. You literally set up your trade on the chart and when ready just hit the button. There is SO much more to the software as well.
But a floating "Send to Market" button I think is what your looking for.