EMA Cross Study Conditional Order in tradestation


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Hello Pete – I have a study which gives out a signal when 4 ema crosses 20 ema. Can I place conditional order in tradestation when this crossover happens. How can i attach my study/indicator  to an order template in Tradestation. I know this is possible in ThinkorSwim but could not find any solution for attaching a study / indicator in TS.

Thank You in Advance.

 

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Posted by (Questions: 1, Answers: 0)
Asked on July 12, 2022 4:49 pm
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I have never found anything in TradeStation platform which suggest this is possible. The closest item I found was what they refer to as "Activation Rule". And according to their explanation this can be based on a time or a price. But not a custom study of any kind:

https://help.tradestation.com/10_00/eng/tsoptionpro/topics/place_orders_activation_rules.htm

And I'm not sure why they would ever consider adding this feature because TradeStation already supports fully automated trading through Chart Strategies. Details are explained in the following video:

https://www.hahn-tech.com/tradestation-strategy-guide/

And you will probably find one of the built-in chart strategies included with TradeStation are able to handle the exact scenario you just described.

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Answered on July 12, 2022 5:12 pm