Support Board
Date/Time: Tue, 16 Sep 2025 04:00:50 +0000
Automatic stop order adjustment with the scale in function
View Count: 1135
| [2021-12-04 04:26:22] |
| User476186 - Posts: 8 |
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Dear Sierra Chart Support Board, I recently came across the functionality of scaling in and out of trades here: Attached Orders: Scaling Out I was wondering is there a setting to automatically adjust the stop order placement at a fixed amount of ticks from the averaged price? Eg. When I executed my first short order with a quantity of 1, my stop order is placed at 20 ticks above my entry price. The market dropped 20 ticks and I scaled in with another trade with a quantity of 1, which now brings my averaged price to 10 ticks above the current market price. Is there a setting so that my stop order placement will be automatically adjusted to remain 20 ticks above my now averaged entry price, which is 10 ticks below my initial stop order? Cheers! |
| [2021-12-04 12:27:14] |
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No, this is not supported.
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 |
| [2021-12-04 22:15:29] |
| Sawtooth - Posts: 4263 |
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is there a setting to automatically adjust the stop order placement at a fixed amount of ticks from the averaged price?
You could add the Trading: Position Average Price study, then reference it with the Trade Management by Study study.Attached Orders: Study Controlled Targets and Stops Trading Information Windows: Trade Data Studies |
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