Support Board
Date/Time: Wed, 05 Nov 2025 09:28:33 +0000
[Programming Help] - TP set with Trade Management with Study
View Count: 483
| [2022-12-04 14:31:02] |
| Tahir - Posts: 35 |
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Hi guys, I'm trying to set take profit based on ATR. Ie, If ATR is > 30, TP= 30 Ticks, If ATR is >50, TP =50 Ticks... Ideally I would have more than 3 conditions for varying ATR or even a formula like TP=ATR*2 I have found some information about using Trade management with study combined with line study but I couldn't understand where I would write the formula on the line study to set the line at a certain price based on ATR. What would be the best approach for this? Thank you |
| [2022-12-05 16:22:12] |
| John - SC Support - Posts: 42772 |
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The easiest way is to use the Spreadsheet Formula study. You can write your formula in there and although it will not display as a flat line, the Trade Management by Study will adjust to the value of the most recent bar. Refer to the following: Spreadsheet Formula For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-12-05 19:27:23] |
| Tahir - Posts: 35 |
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Thanks for the response.
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