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Date/Time: Tue, 17 May 2022 13:46:49 +0000



Trailing Stop

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[2013-05-28 10:21:26]
fxz - Posts: 32
Hi

my datafeeder doesn t support trailing stop loss orders

is there a way to use the internal SC engine to take care of these trailing orders
and once conditions are matched send them as normal sell/buy orders ?

i am using currenex fix but soon we will integrate a GSP datafeeder which also doesn t support
trailing stops or normal stops

Thanks
Marco
Date Time Of Last Edit: 2013-05-28 12:01:01
[2013-05-28 16:48:14]
Sierra Chart Engineering - Posts: 102738
In no case will Sierra Chart ever send a trailing stop order type to an external trading service.

Sierra Chart only will send a Stop or Stop-Limit order to an external service. Sierra Chart always manages trailing stop functionality internally.

There is a reason why it is done this way, and that is because of the following reasons:

1. Not all services will support trailing stops.

2. Services have various kinds of interfaces for trailing stops and it becomes massively difficult to support them all. Especially being they have all kinds of problems and limitations. It would be a complete exercise in utter nonsense and futility trying to support a trailing stop on the server side.

3. There is no service that would support all of the trailing stop functionality that Sierra Chart supports. So it simply makes no sense why we would ever utilize what is provided on the server side. There is no chance we would ever do that with the kind of nonsense we have seen on the server side.


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
Date Time Of Last Edit: 2013-05-28 16:49:10
[2013-05-28 16:58:40]
fxz - Posts: 32


My datafeeder doesn t support stop orders too , can SC manage them inernally and once
matched send them to the datafeeder?

[2013-05-28 17:28:06]
Sierra Chart Engineering - Posts: 102738
Yes. But this is not supported yet. We need more time for this. It is probably not going to be for more than a month from now.
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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