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Date/Time: Sun, 11 May 2025 12:12:08 +0000



Post From: Triggered Step Trailing Stop Issue

[2014-10-29 13:57:51]
cmet - Posts: 693
I'm trying to setup a triggered step trailing stop limit.

After going over your instructions here: http://www.sierrachart.com/index.php?page=doc/doc_OrderTypes.html#TriggeredStepTrailingStopLimit, I can't seem to get it to work correctly.

I want to set:

An initial 8 tick stop
A trigger of 4 ticks (market must move 4 ticks before adjusting stop)
An increment of 4 ticks (when the market moves 4 ticks, the stop moves up 4 ticks)

Here are my settings:

http://s2.postimg.org/9l27g640p/step.jpg

When I use these settings, my stop is being triggered after 4 ticks but it is moving up 8 ticks to break even.

What are the correct settings to accomplish what I have above?