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Date/Time: Thu, 25 Apr 2024 16:15:18 +0000



Post From: Stop orders that fill immediately

[2022-05-04 20:25:53]
DCSaba - Posts: 94
Dear Sierra,

I have a life-like situation, in which Sierra overrides my Stop order when it should not.
I would like my Sierra to accept if I want a Stop "where it doesn't belong" (Sell Stop above price or Buy Stop Below), that it should execute it anyway, ie. understand as a Market order.

Situations:
1) consider being in a position. Then consider wanting to place a Stop somewhere. At that moment price moves passed beyond this level and Sierra just just ignores my request. This is dangerous, because if the User wants a Stop somewhere, then they have a reason for it.
And this has nothing to do with "accidentally placing an order", for which we have the wise "Trading locked" setting in the Trade Menu.

2) Or consider another scenario: I'm intending to use the "BE" button after having placed a bracket order, because I consider that price should no longer return to that entry. At that moment price moves to this entry and Sierra just rejects my request to place the Stop to Entry and leaves it in place, where it will more than likely be hit seconds later (for the very reason I decided to make my move). This is like treating an adult like an imbecile.


I'm sure you already thought about this and found this in your documentation:
"
When Global Settings >> Chart Trade Settings >> Reject Stop Orders That Will Immediately Fill is enabled, then Sierra Chart will still accept...
"

But no matter if this is set to 'No' (or 'Yes"), my Stop order gets refused in the described situation.

Please help.


All the best,