Support Board

Date/Time: Mon, 13 May 2024 04:44:30 +0000

Post From: Orders - Can Target Order and Stop Loss Order Offset Ratio Be Automatically Adjusted?

[2020-05-08 20:07:41] Link To Thread - Link To Post [Go To First Post]
absorrel4 - Posts: 92
I have been using the attached order feature within SC. Once my entry order is filled, a target order is placed with a stop loss order. I input the offsets/ticks within the SC trade window and everything works fine. But, I have been manually adjusting the target and stop orders independently of each other as the trade progresses. I wonder if there is a way that I can simply adjust one of the orders (e.g., the stop order) and the other order automatically adjusts so that the original offset ratio is continuously maintained. For example, if I have a target at 20 ticks and a stop loss at 10 ticks (a 2:1 ratio)....is there a way that I can adjust the target further away from the fill price and the stop loss order automatically adjusts so that the 2:1 ratio is constantly maintained? Opposite could also occur....move stop loss order closer (or further) from entry level and the target will automatically adjust so that the 2:1 ratio is constantly maintained? If the original target was 20 ticks and stop loss was 10 ticks and I move the target to 40 ticks...is there a way to set up SC trading so that the stop loss order would automatically adjust to the 2:1 ratio...and would change from the original 10 ticks to 20 ticks (in this example)?