Trading System Project Update | June 8th, 2022

This video shows progress being made to an automated trading system, it is written using the advanced custom study interface within Sierra Chart. In this video we demonstrated a method of automatic order placement and modification for a parent order. This system is not finished being implemented and these videos are here to document our progress. When we showed the code for resetting the order IDs, it was missing curly braces for the (sc.GetOrderbyOrderID()) function. This is not a tutorial however it can demonstrate certain things that are involved with coding an automated trading system in Sierra Chart.

Broker used to Trade Stocks: 📈
https://www.InteractiveBrokers.com/mkt/?src=verrilloy4&url=%2Fen%2Findex.php%3Ff%3D1338
If this video helped you, clicking the link above helps support these videos. ↖️

Software used for Trading, Market Data & Automated Trading:
https://www.sierrachart.com

Broker used for Trading Futures:
https://www.ironbeam.com

Service used for Currency Conversion & Cross-Border Banking: 💸
https://Wise.prf.hn/l/vJ3lpxv

✅ Recommended Videos:

Demo Trading Services Explained: https://youtu.be/o2GWj7wR2_A
Why Traders need OCO Orders: https://youtu.be/rC02897uiuc
5 Signs They Can't Trade: https://youtu.be/OmHGST_G9ag
How to Practice Day Trading: https://youtu.be/LituIvbOnno

☑️ Recommended playlists:

TWS Tutorials: https://www.youtube.com/watch?v=PeLgfvPFPv8&list=PLePBf4ZtCKhq0cVloJ-a8FIS2XdAbjKzG
Trading Content: https://www.youtube.com/watch?v=x4vIvu3aVZA&list=PLePBf4ZtCKhpOPE9vq6Gj6WhLHiTZ9Wbw
Sierra Chart Videos: https://youtube.com/playlist?list=PLePBf4ZtCKhovGMhz0W0ksWC7Edqt02iX

Feel free to ask questions below. 📩

DISCLOSURE OF MATERIAL CONNECTION: VerrilloTrading may have an affiliate relationship and/or another material connection to any persons or businesses mentioned in or linked to in the content above, and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information published by VerrilloTrading to evaluate the product or service being offered.

Disclaimer: The content that this channel provides is intended for educational purposes only. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.

00:01:58 Where we last left off
00:03:29 ACS button on/off
00:04:59 Code that looks for Order IDs
00:06:28 Check for existing orders
00:08:43 Time condition
00:09:45 Showing how it works
00:11:18 Reset timer and order IDs upon orders filled or cancelled
00:13:45 Why reset the timer and seeing it work
00:15:05 Where we go next