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Date/Time: Wed, 29 May 2024 06:20:25 +0000



Post From: request for tools to protect account form a wipeout.

[2019-05-21 12:55:37]
User360283 - Posts: 440
Trading the ES with a small account can be dangerous due to sudden price swings via news items.
Sierra currently lacks the toos so that one can automatically generate a protective FLATTEN order.
Here is what's needed.
1. Real time account balance and Open P&L data.
2. The ability to generate a FLATTEN order when the Open P&L hits a preset level without locking out the account for the remainder of the day.
Example:
=flatten(openpl<mystoploss)

Note that this is not a regular stop loss order.