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Date/Time: Fri, 09 May 2025 23:04:44 +0000



Post From: Trailing Stop for order entry that following the price.

[2025-05-07 11:59:52]
MTScalper - Posts: 21
Hello everyone. I come from a platform where it is possible to set a trailing stop for entries on the DOM. For example, if the market is falling and I want to go long, I place a stop buy order on the book that follows the price by a certain number of ticks as it declines. In this way, I can work with the market's "breaths" during periods of controlled volatility near specific price levels. Is it possible to do the same with Sierra? In other words, to have an entry stop order that follows the price with an X tick offset?

I took a look at the various order types offered by Sierra Chart, but I can't seem to find anything specific for this.
Thank you for any replies.