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Date/Time: Sat, 04 May 2024 00:02:07 +0000



Post From: Spreadsheet Trading - synthetic take profit stop loss

[2015-07-27 17:57:30]
Sierra Chart Engineering - Posts: 104368

1. Post a PROFITABLE, complete, primitive working spreadsheet in Sierra Support and on YouTube that includes both long and short trades, take profit and stop loss entries without using the Order Pad or OCO orders, and includes Daily Drawdown Limit, Daily Profit Limit, Start / Stop Auto Trading at specific times.

You are missing the point. Just because Sierra Chart offers functionality, does not mean that there is an assurance that the functionality can be used in a profitable way. That is up to the user to determine.

Also the implementation of Targets and Stops are best done by Attached Orders when using the Spreadsheet study.

The next release of Sierra Chart will support flattening positions when a certain Daily Loss has been met. This will be set through Global Settings >> Global Profit/Loss Management. There is currently the capability to flatten positions when a certain daily profit has been met.

And we will look into adding starting and stopping times for automated trading including flattening the position at the stop time.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing