Support Board
Date/Time: Thu, 04 Dec 2025 18:05:15 +0000
Is there an order type that converts a breakeven stop into a market order if price is alre
View Count: 16
| [2025-12-04 15:30:51] |
| jsandlan - Posts: 84 |
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I’m trying to figure out if Sierra Chart supports the following behavior: I want to place a breakeven stop, but if the current market price is already beyond the breakeven level unfavorably at the moment I place the order, the stop should immediately execute as a market order instead of resting at the breakeven price. Is there any built-in order type, attached-order option that allows this? Or would this require / be achieved via custom ASCIL logic? Thanks! |
| [2025-12-04 15:52:46] |
| John - SC Support - Posts: 43277 |
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If you are already in a negative position and you move the Stop order to the other side, then this will fill that stop order at the market price. Therefore, when the "Move to Breakeven" occurs as soon as that Stop is placed at the Breakeven price, it will fill at the market price and your position will be closed. Since you are using the Teton Order Routing Service, refer to the following: Global Trade Settings Windows: Auto-Send Market Order On Rejected Stop Attached Order (Global Settings >> General Trade Settings >> General) We do want to point out that if you are in a negative position, it is unlikely that your conditions for "Move to Breakeven" will be met. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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