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Date/Time: Mon, 22 Jan 2018 10:34:52 +0000



Move To Breakeven for Stop based on price of specific study.

Support Request:
[2013-03-25 09:41:25]
Davidside - Posts: 16
Hello,

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.
David.
[2013-03-26 02:58:24]
Sierra Chart Engineering - Posts: 56350
This can be accomplished by using the Spreadsheet System for Trading study:
http://www.sierrachart.com/index.php?l=doc/doc_SystemsAlerts.php#AutomatedAdvancedExitStrategies

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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