Support Board
Support Board
Search Board
Control Panel
View My Posts / Threads
Direct MessagesDate/Time: Mon, 20 May 2024 10:21:08 +0000
How to lock in profit with automatic stops
View Count: 1016
| [2015-05-25 11:52:11] |
| idude - Posts: 7 |
|
Hello, I'm trying to configure the trade window to move my stop loss twice with 3 different targets: My initial stop loss for all 3 contracts are 12 ticks, with my first target of 14 ticks, second target of 25 ticks and my third target of 40 ticks. When my first target gets hit at 14 ticks I want the stop loss for the remaining 2 contracts to move up 10 ticks (2 ticks below my entry) then when my second target gets hit at 25 ticks I want remaining contract to move up 12 ticks (10 ticks above my entry). So far I've been able to do the first move when it hits the first target but I can't figure out how to do the second move when it hits my second target. Ed |
| [2015-05-25 22:32:21] |
| @sstfrederik - Posts: 404 |
|
you might want to look at setting up different OCO groups. For the stop use the " move to break even" setting to trigger when OCO group is triggered.
|
| [2015-05-26 04:46:20] |
| |
|
then when my second target gets hit at 25 ticks I want remaining contract to move up 12 ticks (10 ticks above my entry). This is not currently supported but this capability should be available by the end of the next week.
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 |
To post a message in this thread, you need to log in with your Sierra Chart account: