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Date/Time: Mon, 16 Jun 2025 01:45:49 +0000



Post From: Sierra Chart's order management system: Request to Add new feature

[2025-05-26 15:45:26]
kachowdary11 - Posts: 5
""but not sure how that would work with two orders at two different prices."" ::
I will explain my best: Initially we are placing simple MKT buy/Sell order, This order line will display on chart right?, Now this order line is the area - when we hover our cursor over this running position line it is displaying two floating GUI buttons[ labelled as ''TP'' ''SL''].
its functionality is when user drag and drop TP to certain price level, by default it is placing limit Target order[ Buy/Sell it is taking auto decision based on open position direction and Size]. Again if you hover your mouse over running position line it will display only 'SL' GUI button(because TP order already used). if you drag and drop the "SL" GUI button to some price level[ it is linking the SL order to TP order as OCO automatically].

After using these two GUI buttons, if you hover your cursor on running position- Now it wont display these buttons again. I think they are designed as one time use until the position closes and till next Trade is placed.

Please give a try using this in 'Paper trade account in Tradingview', you will see it clearly more than what i am explaining.