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Direct MessagesDate/Time: Mon, 20 May 2024 21:45:00 +0000
Atm strategy with 3 orders
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| [2015-01-29 11:21:56] |
| traderbcn - Posts: 10 |
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Hi, I would like to setup an atm strategy with 3 orders. first order target: 5 ticks second order target : 10 ticks third order would be a runner with a trailing stop of 8 ticks which starts when the second target 10 ticks is reached The Stop Loss of 5 ticks would have to move to the breakeven when first target of 5 ticks is reached. Could you explain me how i can setup it, i can setup the 2 orders with the breakeven but i don't understand how to setup the third order with the trailing stop 8 ticks which starts when the second target 10 ticks is reached. I tryed reading the documentation but i don't understand. Thanks Date Time Of Last Edit: 2015-01-29 11:55:16
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| [2015-01-30 19:54:03] |
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You will need to use the Triggered Trail Stop order type for this third stop order: http://www.sierrachart.com/index.php?page=doc/doc_OrderTypes.html#TriggeredTrailingStop Based upon what you want, it sounds like you need 3 separate Stop Attached Orders, each in a separate OCO Group. So do not use All OCO Groups and a single stop order. 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 |
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