Support Board
Date/Time: Sun, 09 Nov 2025 15:46:12 +0000
Widen stop trigger?
View Count: 40
| [2025-11-07 16:30:26] |
| sandcastl3s - Posts: 3 |
|
Hey guys, I'd like to know if/how the following is possible, looked everywhere and can't find anything: An order is configured for 5 contracts, 2 OCO groups, Group 1 with a stop and profit target for 3 of the 5 contracts of X ticks, Group 2 with a stop for the remaining 2. Price moves X ticks and triggers the profit target of OCO Group 1 with 3 contracts. They close and the remaining two stay open. At this point I'd like to widen, not tighten, the stop on OCO Group 2 with the remaining two contracts open. I've tried using a negative value on the OCO Group 2 stop order in Move To Breakeven for Stop > Type: Offset in Ticks > 'BE Level Offset' but it does not work, looks like only positive numbers are accepted. Is there another way to rework the order logic that I might not have thought of to make this possible or other possible solution? Thanks! |
| [2025-11-07 18:28:03] |
| John - SC Support - Posts: 42874 |
|
You can set a negative offset for the "Move to Breakeven" . But it will not move the Stop further out than where it already exists. So if you have a Stop that is 20 ticks away and you set the Move to Breakeven Offset to -25, it will not move the stop. But a value of -15 will move the Stop 5 ticks closer to the position. There are no built-in methods that will do this automatically. You can use the "Trade Management by Study" to have the Stop move to wherever you want, but you would have to manually engage this option when the first target is hit. Refer to the following: Attached Orders: Study Controlled Targets and Stops To fully automate this, you would need a custom study. Refer to the following: Automated Trading From an Advanced Custom Study https://www.sierrachart.com/index.php?page=doc/SierraChartStudyAndSystemProgrammers.php For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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