SceetoBots - Bot-Assisted Hybrid Trading - User Manual v1.0 PDF

SceetoBots User Manual
Arrive First
TABLE OF CONTENTS
Introduction ...................................................................................................................................................................2
The Software..................................................................................................................................................................3
Overview & Workflow ...............................................................................................................................................3
SceetoBots Designer Panel ........................................................................................................................................4
Enable\Disable Button ...........................................................................................................................................5
Signal Buttons ........................................................................................................................................................6
SceetoBots Launch Pad ..............................................................................................................................................8
Installation .................................................................................................................................................................9
How to apply sample SceetoBot chart templates ...............................................................................................10
Component Studies .................................................................................................................................................11
SceetoBots ...........................................................................................................................................................11
Book Pressure ......................................................................................................................................................29
Sweep ..................................................................................................................................................................30
Order Flow Congruence .......................................................................................................................................31
Tape Meter ..........................................................................................................................................................32
MacDaddy ............................................................................................................................................................33
ZZ Volatility ..........................................................................................................................................................34
ZZ Show Your Real ...............................................................................................................................................34
Legs ......................................................................................................................................................................35
Momentum Alert .................................................................................................................................................36
Launch Pad...............................................................................................................................................................37
Editing configurations directly in XML .....................................................................................................................39
Log Files ...................................................................................................................................................................39
Important User Tips .................................................................................................................................................39
SceetoBots User Manual v1.0 1|P a g e

INTRODUCTION
SceetoBots monitor order flow at the millisecond level, and when activated, react instantly to severe imbalances in
Supply & Demand at price points that traders determine.
Price points can be static, such as the overnight low, or dynamic such as a lower Bollinger Band, or VWAP.
SceetoBots are not intended to function 24\7, in a lights-out manner, but rather, SceetoBots are used by
traders to capture the type of recurring short-term opportunities that arise when market conditions are ripe,
and transpire way too quickly for we, mere humanoids, to consistently respond to.
Most traders can sense when a market is oversold, but cannot monitor the transactional order flow to determine
when climax selling has concluded, the stops have been taken out, and new demand order flow has breached the
necessary threshold needed to reverse the Price Discovery process.
However, this type of monitoring is a snap for advanced order flow algorithms that are trained and programmed to
harvest this type of information.
Benefits
Monitors order flow at the millisecond level

Reacts instantly to imbalances in Supply & Demand
Can be deployed individually, or as a squadron
Traders can turn them on\off with the click of a button
Enables easier management of multiple markets
Ability to trade economic announcements
They are re-configurable via the SceetoBots Designer
If you are an experienced trader and have a handle on Price Action, but because of the speed of price action at
ideal trade locations due to todays HFT bots impact on the price discovery process makes entering a lagging
proposition, then we suggest trying our SceetoBots to manage your entries, stops and targets.

THE SOFTWARE
OVERVIEW & WORKFLOW
There are multiple components to SceetoBots. The primary components are:
SceetoBots Designer Panel. Accessed via the custom Sierra Chart study SceetoBots.
SceetoBots Launch Pad. Accessed via the custom Sierra Chart study SceetoBots.
Sceeto Order Flow Algorithms. Accessed via the custom Sierra Chart studies:
o Book Pressure
o Sweep \\ Note Sweep can be subscribed to as an additional component.
o Order Flow Congruence
o Tape Meter
o MacDaddy
Sceeto Market Structure & Price Momentum Algorithms. Accessed via the custom Sierra Chart studies:
o ZZ Volatility
o ZZ Show Your Real Legs
o Momentum Alert

SCEETOBOTS DESIGNER PANEL
The SceetoBots Designer Panel, aka The Panel, is a flexible tool that will enable you to create, save, and deploy
bots.
Note You can also deploy bots via the SceetoBots Launch Pad.
The Panel allows a trader to define
Signals must occur for a trade to be taken

o The signals can occur on the current bar, or a prior bar
Signals that must not occur for a trade to be taken

o The signals can occur on the current bar, or a prior bar
Optional price level zones that bots can only enter a trade within
o These levels can be user defined, or established by any other Sierra Chart study, such as VWAP or
a 3rd party custom study, such as Ludwig Levels.
Trade Entry Rules

o Market
o Limit
o Stop
o Intra-bar or on Bar Close
Trade Management Rules

o Stop
o Target
o Move to Breakeven
o Scale In
Figure 1 - Example Panel

ENABLE\DISABLE BUTTON
The Enabled Buttons have the following options:
Enabled Turns the SceetoBot on. The SceetoBot will stay on until the trader turns it off.
Disabled Turns the SceetoBot off.
N & Done This allows the trader to define how may trades the SceetoBot can take.
o In this example, the bot was set to take the pre-configured setup 3 times, and then turn itself off:
Current Bar When this is enabled, the bot will only trade if the setup occurs on the current bar. If the
setup does not occur on the current bar, then the bot will turn itself off.

SIGNAL BUTTONS
Configuring Signals
Some signals have additional configuration options so that traders can tune events for their time frame
and trading style.
For instance, swing traders may want more significant order flow events to transpire than a scalper might.
For signals that have additional configuration options, the Signals Menu, will have a Configure option.
Once a signal is applied to a button, right-click on that button, and choose, Configure.

The signals that maintain the ability to configure from the panel are:
BP (Book Pressure) Up Normal

BP (Book Pressure) Up Extended
BP (Book Pressure) Down Normal
BP (Book Pressure) Down Extended
Right Shoulder

SCEETOBOTS LAUNCH PAD
The Launch Pad not only allow you to one-click on\off SceetoBots, it is also a handy reminder of the potential
opportunities that are available, and should be in the forefront of your mind.

INSTALLATION
To install the SceetoBots package, download the .zip file from sceeto.com and extract the contents of the .zip file
to your Sierra Chart data folder:
C:\SierraChart\Data\
For InfinityAT, extract the files to the following Data directory:
C:\SierraChart\SierraChartTransActMA\Data

HOW TO APPLY SAMPLE SCEETOB OT CHART TEMPLATES
From the Sierra Chart, or InfinityAT toolbar, Click, 'Analysis' then choose, 'Sample SceetoBots Chart'.
HOW TO ADD A SCEETO INDICATOR TO A SIERRA CHART
Right-Click on the chart
Choose Add Custom Study
The Add Study dialogue box will surface:
From within the parent folder for sceeto choose the study that you want to apply:
Click Add.
The Study Settings: dialogue box will surface:
Choose OK
The Chart Studies dialogue box will appear:
Choose, OK.
SceetoBots User Manual v1.0 10 | P a g e

COMPONENT STUDIES
SceetoBots is a complete order flow analysis and trade execution package.
The following studies are included in the offering:
SceetoBots
Book Pressure
Sweep
Order Flow Congruence
Tape Meter
MacDaddy
ZZ Volatility
ZZ Show Your Real Legs
Momentum Aler
SCEETOBOTS
This study provides the ability for you to create and configures bots via the SceetoBots Designer, and also manage
the deployment of these bots, via either a chart based Launch Pad, or a Global Launch Pad that spans all of your
charts.
The SceetoBots study has many parameters.
The more readily used parameters are simultaneously exposed on the SceetoBots Designers Panel.

Trade logging enabled
Enabling this setting stores signal information to be stored in tradeops_logs.txt.
New level offset
On the occasions when two signals occur on the same bar, this input parameter allows the user to define
the offset of the signal plot on the chart so that the plotting of the two signals will not overlay on each other.
Enter on bar close
This allows the user to enter intra-bar (set to No) or upon the close of a bar (set to Yes).
Start designer hidden
When set to No, the bot designer panels will not be surfaced on a chart. The panels can consume a
significant amount of screen space. If you set this to No, you can always expose the panels by right-clicking on a
chart and selecting, SceetoBots: Show/Hide.
Entry style
Allows the user to select, Market, Limit, or Stop. When using Limit or Stop, you can select the limit
offset price using the next parameter input, Entry Offset Default Setting.

Entry offset default setting - Long entry price reference - Short entry price reference
These settings allow a trader to instruct a bot at what price it should place either its limit or stop orders.
This is accomplished by a combination of the Entry offset default setting and either the Long entry price
reference and/or, the Short entry price reference
If the value of the Entry offset default setting value = 0 and the Long entry price reference = Last, then
the limit entry price will equal the close of the signal bar.

If the value of the Entry offset default setting value = -1 and the Long entry price reference = Last, then
the limit entry price will equal the close of the signal bar + 1 tick.
Support reversals
If this is set to Yes, and the bot is in a long position, if another bot triggers a sell, the bots will flatten the
long and enter the short position.
Take multiple signals in same direction
If this is set to Yes, and the bot is in a position, and another entry condition of the bot, or another bot, is
met, then an additional position will be implemented by the bot.
You can set the maximum number of contracts to be traded, thereby controlling the number of
cumulative positions that occur, by using the Maximum # of Contracts input parameter, which is further
down in the input panel.
Trade window start 1 & Trade window end 1

These inputs allow traders to define periods of activity, and dormancy, for their bots.
Enter the time that you would like a bot to start trading in the Trade window start 1 field, and enter the
time that you would like a bot to cease taking trades in the Trade window end 1 field.
These trade window time frame options are repeated 4 more times options, for a total of 5 time frame
filters.
These filters can be used to automatically, and temporarily, turn off your trading bots during times of
known increased volatility such as during the first few minutes before and after an economic
announcement, or before, during, and immediately after, a market opens.
Flatten all at end of period & Flatten all time
This field allows traders to configure their bots to close any open positions at a certain time of day. Set
this field to Yes if you would like to close out your position at a certain time of day.
Enter the time that you would like the bot to flatten your position in the Flatten all time field.
Active bot color & Active bot width
You can use the input parameters Active Bot Color and Active Bot Width to automatically set a border
around bots listed in a Launch Pad when they are in a trade.
Keep alive
This input allows a trader to instruct a bot on how many bars an entry order should be active, and left
unfilled, before it is cancelled.
If the value is set to 1, then if an entry order is unfilled by the close of the bar, it will automatically be
cancelled.
Alert when panel is enabled & Alert interval when panel is enabled
Set Alert when panel is enabled to your preferred Sierra Chart alert. The default setting is Alert Disabled.
The Alert interval when panel is enabled sets the interval, in minutes, when the alert should invoke.
These alerts use the inherent Sierra Chart alerting. To learn more about Sierra Chart alerting, see the
Sierra Chart documentation.

This allows trader to receive reminder alerts that a bot is active. This is integrated directly into Sierra
Charts alerts.
Launch Pad Row Color & Launch Pad Text Color
Allows a trader to color code a launch pad in order to more readily identify bots assigned to a specific
market.
Use Launch Pad Row Color to define the row color in both the Chart and SceetoBots columns.
Use Launch Pad Text Color to define the row color in both the Chart and SceetoBots columns.
Once a Row Color is chosen, alternating rows in a launch pad will maintain a slightly different shade of the
chosen color so that the eye can more readily scan the launch pad and identify bots.
BG1 Label & BG1 Color
These parameters allow a trader to color code a bot panel. Use BG1 label to define the name of the
button and BG1 color to set the color of the background of the header, and Trade Management section of
the panel.
When right-clicking on the BG button, a menu will appear with the configuration the trader implemented
in the studys input parameters.
Background (BG) labeling and coloring for Designer Panels are repeated 4 more times, for a total of 5
different background views for SceetoBot Designer Panels.

Pivot Left Strength
Use this input to define the left strength of a pivot.
These formulas use range bars. Unlike time based bars, range bars can only close at either their low or
their high.
When using range bars, if the low of a bar is lower than the prior bar and the bar closes at its high, then
this bar forms a pivot low.
If the high of a bar is higher than the prior bar and the bar closes at its low, then this bar forms a pivot
high.
How to determine a pivots left strength.
Pivot Low | Count out the bars to the left of a swing low until you reach a bar that contains a price that is
lower than the low of the pivot bar. The left strength of the pivot low is equal to the number of bars
between these two bars.
Pivot High | Count out the bars to the left of a pivot high until you reach a bar that contains a price that is
higher than the high of the pivot bar. The left strength of the pivot high is equal to the number of bars

Note | If a Prior Bar Has the Same Low High, It Is Included in the Left Strength Count
Intra-Day Pivots
Micro | Left Strength > 0 & < 5
Minor | Left Strength >= 5 & < 8
Major | Left Strength >= 8
ESA Entry Price
This component is in early stage development. It assumes perfect fills. It is not to be used to recommend
trades. Rather it is meant to offer quick and dirty findings so that a trader can infer the behavior of a bot
if that bot is left on throughout the trading period. For further information, see the section in this
document titled, Entry Signal Analyzer.
Wiggle Ticks
This input assigns the number of ticks above and below a defined level. Level prices are assigned either
by inputting a specific level value into the levels section of a bots designer panel, or by linking a level to a
subgraph on the chart such as VWAP, Pivot Points-Daily, or a Moving Average.
For more information see the section in this document titled, Establishing & Trading Levels Using Bots.
Show Zones - Support Color - Resistance color
These settings configure visual level zones that a trader can define so that bots can be configured, and
deployed, to only trade when price is in these zones (How cool is that?).
When Show Zones is set to Yes a semi-transparent color-coded zone will plot on the chart that will span
from the set level price plus, and minus, the number of ticks defined in Wiggle Ticks.
User Support Color and Resistance Color to set your preferred semi-transparent colors for support and
resistance zones.

For more information see the section in this document titled, Establishing & Trading Levels Using Bots.
Font Size
This input sets the size of the font on the buttons on a designer panel.
Long Signal Enabled Color & Short Signal Enabled Color
This input sets the background color of signal buttons on a designer panel when the signal buttons are
enabled.
Right Shoulder Left Strength
Use this input to define the left strength of a Right Shoulder of a Head & Shoulders pattern.
These formulas use range bars. Unlike time based bars, range bars can only close at either their low or
their high.

When using range bars, if the low of a bar is lower than the prior bar and the bar closes at its high, then
this bar forms a pivot low.
If the high of a bar is higher than the prior bar and the bar closes at its low, then this bar forms a pivot
high.
How to determine a pivots left strength.
Pivot Low | Count out the bars to the left of a swing low until you reach a bar that contains a price that is
lower than the low of the pivot bar. The left strength of the pivot low is equal to the number of bars
This setting is also exposed directly on the designer panel for ease of reconfiguration.
Right Shoulder Left Pivots
Use this input to define the number of lower lows that must occur prior to, and included the Head, of an
upside down Head & Shoulders pattern, or the number of higher highs that must occur prior to, and
included the Head, of a Head & Shoulders pattern.
Hammer Body Size
This setting determines the size of the body of a Hammer Bar signal.
Right Shoulder Bot Alert
This setting allows the trader to receive an alert when a bot configured to trade a Right Shoulder
generates an entry order.
This alerts use the inherent Sierra Chart alerting. To learn more about Sierra Chart alerting, see the Sierra
Chart documentation.
Right Shoulder Chart Alert
This setting allows the trader to receive an alert when a Right Shoulder occurs.
This alerts use the inherent Sierra Chart alerting. To learn more about Sierra Chart alerting, see the Sierra
Chart documentation.
Min Volume
Use this input to define the minimum number of contracts that must occur within a bar for a bot to utilize
a Volume based signal as one of its entry criteria.
Volume Lookback
This input allows a trader to configure a bot to look for volume spikes on bars preceding the current bar.

This allows for a bot to look for a sequence of events, and thus, the bot does not have to be limited to
executions associated with signals that occur only on the current bar.
Note The ability to set a lookback period for a component entry signal is exposed for every possible
entry criteria directly on each designer panel button. For more information on this functionality see the
section in this document titled, Entry Signal Buttons.
BollTicks
This input allows a trader to define the number of ticks away price can be from a Bollinger Band that a bot
can use when either the BB Lower or BB Upper entry signals are used.
BTDLookback
This input allows a trader to create a bot that will wait x bars after a pierce of a Bollinger Band has
occurred.
Offset between signals
This allows the trader to define and offset for plotting signals when there are multiple signals per bar.
BB Input Data - BB Length - BB Standard Deviations - BB Moving Average Type
These settings expose the inherent Sierra Chart Bollinger Band Parameters.
Bollinger Bands are plotted at standard deviation levels above and below a moving average. Since
standard deviation is a measure of volatility, the bands are self-adjusting, widening during volatile
markets and contracting during calmer periods. We also offer a generic Standard Deviation Bands study
which offers some additional flexibility with Inputs.
BB Input Data
The Input data from either the Main Price Graph, or another study, to use in the study calculations. The
Main Price Graph is the default. The default choices for the Main Price Graph are Open, High, Low, Last,
Volume, Number of Trades, OHLC Average, HLC Average, HL Average, Bid Volume, Ask Volume.
BB Length
The number of graph elements or graph elements back from a chart column to use in the calculation of
each graph element in a study. A graph can be the main price bars graph or could be a Moving Average
study graph. A graph element is a value along a graph drawing and occupies one column in the chart. A
graph can contain multiple drawings, each one known as a Subgraph.
For the purpose of this discussion, we generally are referring to a single line drawing within a graph (also
known as study Subgraph). A graph element can be an Input Data like Open, High, Low or Close/Last, an
entire price graph bar, a Subgraph element of one of the study graphs, or an element of an internal array
used in calculating the study.
This Length definition is for all Inputs with Length in their name, like Moving Average Length. Example: A
moving average study with the Length Input set to 10 and the Input Data Input set to Last will use 10 bar
Last prices in the average calculation for each of the elements along its graph.

BB Standard Deviations
This is the value the standard deviation is multiplied by. For other studies, this is the value that a
component of the study is multiplied by.
BB Moving Average Type
The Moving Average Type standard Input lets you choose among several basic types of moving averages. They
are as follows:
Exponential Moving Average

Linear Regression Moving Average (same as Least Squares Average)
Simple Moving Average
Weighted Moving Average
Wilders Smoothing Moving Average
Simple Moving Average Skip Zeros
Smoothed Moving Average
Maximum # of Contracts
This is the maximum number of contracts that a bot will trade. This setting is important when Take
Multiple Signals in the Same Direction is enabled.
Signal 1 Enabled - Signal 1 Long ref. Signal 1 Short ref.
This is a very powerful feature that allows you to add more signal logic to your bots beyond those that are
packaged within SceetoBots.
Hence, if you have preferred indicators, or setups, you can link them to your SceetoBot using this linking
parameters.
The name of the linked study reference will be automatically populated in the Designer Panels menu
option, and also on any signal button that you assign this linked signal to.
If you are using spreadsheet study output, or your own custom signal, you will need to output a 1 for the
signal to trigger.
Spreadsheet studies are very easy ways for non-programmers, and programmers alike, to design, test,
and deploy additional setup logic.
These linking options are repeated via 9 more linking options, for a total of 10 signal links.
For more information on Sierra Chart spreadsheet studies, see the Sierra Chart documentation.
If you would like custom spreadsheet studies, or custom Sierra Chart studies, created for you in order to
tune your trading bots, please open a help desk ticket here.
Once a ticket is opened, we will confer with you on a written specification, and also on a pricing estimate.
Time Frame 0 Start Time - Time Frame 0 End Time

This enables the user to customize time zones for Tape Meter.
Tape Meter looks back over a set number of bars within a user-defined time period (see, Tape Meter Bar
Period).
These user-defined time frames come in handy as they allow order flow comparisons during periods
where there are known volume differences.
For instance, volume tends to decrease in the overnight session, increase at the open, drift down to lunch,
pick-up into the afternoon, and with further volume into the close.
Users can adjust the time zones according to their trading needs, and time zones.
Time Frame 0 Start Time, is the beginning time of the time-zone.
Time Frame 0 End Time, is the beginning time of the time-zone.
These time frame options are repeated 4 more times options, for a total of 5 time frame filters.
Tape Meter Bar Period
This is the number of bars that are to be considered when building a Gaussian distribution (Bell Curve) for
Up-Tick Ratio, Down-Tick Ratio, and Transactions across the time period zones defined in the Time Frame
Start Times and Time Frame 0 End Time inputs.
For more information on Tape Meter, see the section in this document titles, Tape Meter.
SCEETBOTS DESIGNER PANEL COMPONENTS
QUICK ACCESS BUTTONS
All On Turns all signals on across the designers panels. This does not turn on all bots.
All Off - Turns all signals off across the designers panels. This does not turn off all bots.
B.E. This will move all stops to breakeven across all bots.
Flatten and Cancel This will flatten all positions and cancel all open orders.
Global Launch Pad This will launch the Global Launch Pad. The Global Launch Pad allows the user to manage all
bots across all charts.
Launch Pad - This will launch the Launch Pad. The Launch Pad allows the user to manage all bots on the one chart
that the bots are associated with.
Hide This will hide the designer panels. The user can unhide the designer panels by right clicking on their chart
and selecting, SceetoBots: Show/Hide.
Attach/Detach This detaches the designer panel from the chart so that the panels can be dragged to an alternate
monitor. This will also re-attach the panel to the chart if the panel is detached.

TOP ROW BUTTONS
Enabled Button Options
Enabled Turns the SceetoBot on. The SceetoBot will stay on until the trader turns it off.
Disabled Turns the SceetoBot off.
N & Done This allows the trader to set the number of times that the bot will initiate a trade before it
turns itself off.
Current Bar
Eval
Clicking this button will launch the Entry Signal Analyzer (see below).
Entry Signal Analyzer
This component is in early stage development. It assumes perfect fills. It is not to be used to recommend trades.
Rather it is meant to offer quick and dirty findings so that a trader can infer the behavior of a bot if that bot is left
on throughout the trading period.
Note In order to use the Entry Signal Analyzer, Sierra Charts Replay, or Sierra Charts back-testing functionality
on data that spans from the current forward contract to prior contracts, you must stitch together the contracts
data in the Sierra Chart .scid file for the forward contract.
Frequently, users stitch together prior contracts using Sierra Charts Continuous Contract option. This approach is
not recommended for historical review of either the Book Pressure or Sweep algorithms.
Instead, for Book Pressure or Sweep, when back-testing, or analyzing expired contract data use the following
method (copied from the Sierra Chart help files):

JOINING INTRADAY DATA FILES TOGETHER IN SIERRA CHART
Joining Intraday data files together is for the purpose of joining together futures contract chart data files. However,
newer versions of Sierra Chart utilize a superior method of joining futures contracts together by doing this
dynamically in memory. This is performed with the Continuous Futures Contract Chart feature.
The Join Intraday Data Files Feature is only maintained for back compatibility purposes.
1. Disconnect from the data feed by selecting File >> Disconnect.
2. Select Edit >> Join Intraday Data.
3. Add the Intraday chart data files you want to join together to the Intraday Files to Join list. The order of
the files does not matter. Internally when the files are joined together, they are sorted according to the
dates in the file. They are ordered from oldest to newest.
Set the Output Data Storage Time Unit to 1 tick (Note from sceeto | The Sierra Chart help files
instruct users to set this value to 1 minute. In order to maintain tick level accuracy, you should set
this value to 1 tick.)
4. . You can use a shorter time unit, but the file will be big and load times will be longer. You do so at your
own risk.
5. Select the Output File. The output file can be an existing file name. If it is an existing file name, it will be
overwritten. You may want to set the Output File to the symbol of the most recent futures contract in the
case where you are joining futures contracts.
6. Press the Join button.
7. When Intraday data files are joined, overlapping data is removed and the transition point from the prior
file to the next file in the resulting Output file can occur by using two different methods. Enable the Use
Rollover Rules for Transition option to transition from one futures contract file to the next futures
contract file by using the Rollover date settings defined for the symbol or symbol pattern in the Global
Symbol Settings.
To transition from one futures contract to the next based on Volume, then uncheck Use Rollover Rules
for Transition. The transition point will occur when the Volume in the next file being joined with the prior
file exceeds the Volume in the prior file. The Volume is analyzed over a period of 12 Hours. Therefore, the
transition point may be within a day. Not necessarily at the start of the day.

8. Open the Output file by selecting File >> New/Open Intraday Chart.
ESTABLISHING LEVELS
Traders can link bots to a zone around a known level.
Levels can be dynamic such as VWAP, or static, such as the prior Overnight High or Low.
Levels can be linked to 3rd party vendor levels, such as Ludwig Levels.
Levels cab be manually entered directly on a Designer Panel.
To link a level to a Sierra Chart study, apply the study to your chart, and type in the studys ID and relevant
subgraph into the Levels reference field on any Designer Panel on your chart.
The link in the reference field must be typed in ALL CAPS.
The study ID and the subgraph # must be separated by a .
Linking to VWAP:
The level's syntax for linking VWAP to a SceetoBot is as follows:
ID14.SG1
Note - On different charts, the ID for VWAP will depend upon the order that this study was placed on the
chart.

To manually enter a level, simply type the price in the Price field of the Levels area in the Designer Panel.
The Levels grid is color coded where Support levels are Green and Resistance levels are Yellow.

BOOK PRESSURE
Book Pressure allows for real-time measurement of buying and selling pressure within a markets order book.
Book Pressure is very sensitive intra-bar. It is ideal for monitoring when price is in either an area of likely reversal,
or an area of potential breakout.
Tip: In order to train your eye and to get accustomed to the behavior and insights that Book Pressure can provide,
use Sierra Charts Replay function to monitor intra-bar activity.
It is recommended to scroll across a chart and find locations where significant levels of Book Pressure appeared to
have an impact on price.
Once you have isolated this area, you can use Sierra Chart Replay to see in the intra-bar behavior of this metric.
It is recommended to focus on the Extended Up and Down versions of Book Pressure for this exercise, as the
Extended option is tuned for intra-bar monitoring.

SWEEP
Sweep identifies and measures the consumption of inventory in the book as price changes.
Sweep is color coded green or red depending upon the close of the price bar associated with the Sweep data.
If price closes up, then Sweep is color-coded green.
If price closes down, the Sweep is color coded red.
Sweep has 4 input parameters:
Show Intrabar Allows the user to focus on either close of bar data, or intra-bar data.
Option Provides 3 distinct ways to group a series of data so that the 1 st, 2nd, and 3rd most prominent Sweeps Up
and Sweeps Down within that data set are denoted graphically.
Zig-Zag Leg When Zig-Zag Leg is selected, a trader must also define the minimum length to be used to
define a leg of a Zig-Zag (see next option Minimum Leg Option). When this option is set the Sweep
study will plot a 1,2 or 3 upon the 1st, 2nd, and 3rd most prominent Sweeps Up and Sweeps Down within
each historical Zig-Zag on the chart.

Sweep will also plot the current 3 most prominent Sweeps in the current Zig-Zag. These values can
update as the current leg evolves. These numbers will harden when a new leg is formed.
Screen When Screen is selected, the Sweep study will plot a 1,2 or 3 upon the 1st, 2nd, and 3rd most
prominent Sweeps Up and Sweeps Down with regards to whatever price bars are currently plotted on the
screen/monitor. As a trader either scrolls forward or backwards, or zooms in or out, the within each
historical Zig-Zag on the chart. The Sweep study will automatically recalculate and denote the 1 st, 2nd, and
3rd most prominent Sweeps Up and Sweeps Down that are on the screen/monitor. -
Percent of Daily Range - When Percent of Daily Range is selected, the Sweep study will plot a 1,2 or 3
upon the 1st, 2nd, and 3rd most prominent Sweeps Up and Sweeps Down with regards to a percent of the
daily range for that particular the market.
When this option is set, the trader must select the % of the daily range that they want to focus on.
For instance, if a trader wants to only trade Sweeps after the market moves at least one average daily
range, then the trader should put 100 in this field.
If a trader wants to only trade Sweeps after the market moves at least half an average daily range, then
the trader should put 50 in this field.
If a trader wants to only trade Sweeps after the market moves at least 1.2 average daily ranges, then the
trader should put 120 in this field.
(How cool is that?)
ORDER FLOW CONGRUENCE
Order Flow Congruence Depicts the level of congruence or asymmetry amongst price action, order flow and
either supply or demand dominance.
Blue Bars Infer a neutral state.
Orange Bars Infer asymmetry in the order book where a price bar closes up.
Yellow Bars - Infer asymmetry in the order book where a price bar closes down.
Green Bars There are 3 shades of green that depict Low, Medium, or High congruence between order flow and
price action. Users can select the shades or green in this studys user parameters.
Red Bars There are 3 shades of red that depict Low, Medium, or High congruence between order flow and price
action. Users can select the shades or red in this studys user parameters.

TAPE METER
Tape Meter This study hunts down order flow outliers beyond 1 or 2 standard deviation moves of transactions
within a bar compared to a trader-defined lookback period, and also for uptick/downtick ratio within a bar
compared to a user-defined lookback period.
Traders can define their lookback period using both the number of bars to consider and can also incorporate time
filters.
Time filters allows a trader to group data into times of day when either a market is busy, super busy (for instance,
at the open), or slow (at lunch), or super slow- in the early evening hours.
When Tape Meter plots transaction or uptick/downtick ratios outside of 1 or 2 standard deviations, it will take into
consideration these trader defined bar and time zone groupings lookbacks.
The following screenshot depicts a potential configuration for ES for a trader who is in the Easter Time Zone of the
United States that considers the open, lunch-time, and after hours trading.

MACDADDY
MacDaddy Represents the rate of change of order flow. MacDaddy is plotted as a histogram.
Bars above the zero line are plotted in Green.
Bars below the zero line are plotted in Red.

ZZ VOLATILITY
ZZ Volatility This study tracks the:
Maximum Leg Range of a trader-defined lookback period.
Average Leg Range of a trader-defined lookback period.
Total Range of a trader-defined lookback period
Range expansions within a defined lookback period Range Expansions are of interest to traders as these
points in a swing, price is considered to have overreached.
We use the Range Expansion locations as reference points where additional focus on order flow
is warranted.
We frequently show an RE on our charts when price has reached a Range Expansion.
It is recommended to leave all input parameters as-is except for Reversal Amount for Calculation Mode 2,3.
ZZ SHOW YOUR REAL

LEGS
ZZ Show Your Real Legs This study was developed to mitigate the deficiency in Zig-Zag indicators where their
historical view is very clean, due to Zig-Zags inherent behavior of repainting a leg until the new, current leg, is
hardened.
It is recommended to leave all input parameters as-is except for Reversal Amount for Calculation Mode 2,3.
Traders Tip | It is recommended to set this Reversal Amount for Calculation Mode 2,3 to a value that relates to
the markets average daily range. For instance, at the time of this writing, both ES and GC are trading with an
average daily range of 15 points.
Hence, a trader focusing on these markets might want to set this value to 15, or 10, or even 5 if they were interested in smaller moves.

MOMENTUM ALERT
The Momentum Alert indicator alerts traders to occurrences when price moves in either an upward, or downward,
contiguous manner.
This price continuation implies that a potential momentum opportunity is on the horizon.
The Momentum Alert has the following input parameters:
Alert Threshold The minimum number of contiguous up or down bars (Range or Renko bars are preferred).
Alert Sound Allows the user to link a particular Momentum alert with .wav file.
Alert More Than Once on Each ZZ Leg - This allows the trader to receive ongoing alerts for any contiguous bars
that are constructed after the minimum number of bars set in the Alert Threshold input value are met.
The remaining inputs are the standard Zig-Zag inputs defined within Sierra Chart. It is highly recommended that
for Calculation Mode (1,2,3) that 2 is used.

LAUNCH PAD
Launch Pad This control center allows you manage your pre-configured bots.
There are 2 flavors of Launch Pads.
Global Launch Pad - Displays all bots across all charts and markets.
Chart Specific Launch Pad Specific to on chart.
From the Launch Pad you can:
1. Visualize SceetoBots that have been applied to your charts.
2. Start/Stop a bot
3. Update a bots Stops & Targets
Additional options available in the Launch Pad can be exposed by right-clicking on the Launch Pad.
1. Add - Add/Remove an existing bot to/from the Launch Pad
2. Edit - Reconfigure an existing bot
3. Go To Chart - Go to the chart that a specific SceetoBot is running on
4. Bindings Allows you to apply hotkeys to enable/disable a SceetoBot
5. Remove Remove a SceetoBot.

EDITING CONFIGURATIONS DIRECTLY IN XML
Users can elect to bypass the SceetoBot Designer to create and edit SceetoBots directly within the XML file,
sceetobots_config.xml, which can be found in the folder, C:\SierraChart\Data\SceetoBots.
LOG FILES
Log files that contain SceetoBot transactional information can be found the folder,
C:\SierraChart\Data\SceetoBots\Logs
IMPORTANT USER TIPS
Maintain backups of your:
Chartbooks
Study Collections
Configuration files
If you need assistance, please open a help desk ticket here.

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SceetoBots User Manual

SceetoBots User Manual v1.0 1|P a g e

Monitors order flow at the millisecond level

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OVERVIEW & WORKFLOW

There are multiple components to SceetoBots. The primary components are:

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The Panel allows a trader to define

Signals must occur for a trade to be taken

Signals that must not occur for a trade to be taken

Trade Entry Rules

Trade Management Rules

Figure 1 - Example Panel

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The Enabled Buttons have the following options:

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BP (Book Pressure) Up Normal

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For InfinityAT, extract the files to the following Data directory:

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HOW TO ADD A SCEETO INDICATOR TO A SIERRA CHART

Right-Click on the chart

Choose Add Custom Study

The Add Study dialogue box will surface:

The Study Settings: dialogue box will surface:

The Chart Studies dialogue box will appear:

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SceetoBots is a complete order flow analysis and trade execution package.

The following studies are included in the offering:

The SceetoBots study has many parameters.

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Enabling this setting stores signal information to be stored in tradeops_logs.txt.

New level offset

Enter on bar close

Start designer hidden

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Take multiple signals in same direction

Trade window start 1 & Trade window end 1

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Flatten all at end of period & Flatten all time

Active bot color & Active bot width

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Launch Pad Row Color & Launch Pad Text Color

BG1 Label & BG1 Color

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Use this input to define the left strength of a pivot.

How to determine a pivots left strength.

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ESA Entry Price

Show Zones - Support Color - Resistance color

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Long Signal Enabled Color & Short Signal Enabled Color

Right Shoulder Left Strength

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How to determine a pivots left strength.

Right Shoulder Left Pivots

Hammer Body Size

Right Shoulder Bot Alert

Right Shoulder Chart Alert

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