Support Board
Date/Time: Sat, 10 May 2025 08:15:06 +0000
Global Profit/Loss management. How/to or is it possible?
View Count: 962
| [2016-01-27 10:22:26] |
| binaryduke - Posts: 378 |
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Hi SierraChart On Global Profit/Loss Management, I note the trail daily profit value. Personally, I'm not interested in having positions automatically flattened when in profit. I am however interested in protecting my P&L with a trailing stop/flatten level, e.g. if my P&L exceeds $500 for the day, flatten and lock trading should unrealised cause realised to reach this level and let's say ratchet up by an offset after each profitable trade. Worked example: P&L > $500 closed trade for +$100 flatten/lock remains at $500 (for P&L at $600) next trade closes +$50; flatten/lock now at $550 (P&L at $650) next trade goes -$100 unrealised, so feature flattens position and locks trading protecting P&L at $550. Is this possible in the current implementation? If not, could it be looked at for a future release? The lock is *really* useful! Thanks Lee. |
| [2016-01-27 10:31:46] |
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First refer to the documentation about this here: https://www.sierrachart.com/index.php?page=doc/doc_GlobalProfitLossManagement.php Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2016-01-27 10:33:05
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