Date/Time: Mon, 22 Jan 2018 10:34:52 +0000
Move To Breakeven for Stop based on price of specific study.
|Davidside - Posts: 16|
I would like to ask, if there is any way to move stop order automatically to breakeven point based on price of specific study. For example: By study Auto retracement you can draw low of the day. I enter to short position and I would like to set my stop to move to breakeven point when the market will reach the price of low of the day.
Thank you very much.
Sierra Chart Engineering - Posts: 56350
This can be accomplished by using the Spreadsheet System for Trading study:
With this kind of method though, a Stop order will not actually be sent until your conditions are met. And at that time you would really just probably send a Market order.
Sierra Chart Support - Engineering Level
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