Support Board
Date/Time: Tue, 07 Jul 2026 20:20:25 +0000
Global Profit/Loss managment
View Count: 14
| [2026-07-07 18:02:37] |
| Konti99 - Posts: 7 |
|
Hey is it possible to have a trailing max loss and a max win? as i understand it i can sett the "Profit Trigger Value" to 0 and the "profit value after Trigger Trigger..." to -500. then set up the trailing daily net Profit and that would give me a trailing max loss but then i cant have a max win. i would like to have a trailing loss amd a max win, is this possible? example: max win 500, max loss -500, and when i go up 250 the max loss goes up also 250 |
| [2026-07-07 18:37:48] |
| John - SC Support - Posts: 47080 |
|
The Global Profit/Loss gives you the ability to have both a "Trailing Profit" and a "Max Loss". These are basically two separate functions on that window. The items on the left relate to Profit and the items on the right relate to Loss. Setting a Profit Trigger Value of "0" and then a "Profit Value after Trigger" to "-500" would be using the Profit section to act as a Loss function. You are stating that you want the system to monitor for a certain profit value immediately, and then saying that if the profit reaches -500, then flatten. You should set an actual profit value you want to reach at a minimum for the "Profit Trigger Value" and then if you want to just close out at that level enter the same value for the "Profit Value After Trigger". If you want the "Trailing" functionality, then you need the "Profit Value after Trigger" to be more than the "Profit Trigger Value" and then you can enter the appropriate trailing information. The information for the Global Profit/Loss is here: Global Profit/Loss Management If you are not certain how it is going to act in a certain situation, then run a Replay where the data goes in a certain direction to test what you are wanting to see. 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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