Support Board
Date/Time: Tue, 06 May 2025 22:32:52 +0000
stop loss
View Count: 122
| [2024-12-09 21:38:14] |
| User419307 - Posts: 2 |
|
I have a small issue that you may be able to help resolve for me. I have not been able to understand the information form Seirra Chart. The issue is this: say I trade two contracts , one with a profit target of 12 ticks, and one with a profit target of 20 ticks, and my stop-loss is at 10 ticks. Once my first profit target of 12 ticks is hit, I would like the stop-loss to automatically move to break-even. But I have not been able to figure out how to get that to work. Do you have any advise or suggestion as to how to do that? kind regards |
| [2024-12-09 21:42:05] |
| John - SC Support - Posts: 39675 |
|
When setting up the "Move to Breakeven" for the Stop, you can do this setting the "Type" for the "Move to Breakeven" to one of the following: 1. Offset in Ticks Triggered: then set the "Trigger Offset" to be "12". 2. OCO Group Triggered: then set the "Trigger OCO" to be the OCO number of the first target of 12 ticks. Either way gives you the exact same results. Refer to the following: Attached Orders: Move to Breakeven for Stop For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
To post a message in this thread, you need to log in with your Sierra Chart account: