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Direct MessagesDate/Time: Fri, 26 Apr 2024 10:52:31 +0000
Triggered step trail stop
View Count: 2130
| [2015-10-05 15:10:32] |
| User713273 - Posts: 409 |
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Trying to incorporate % gains/stops utilizing option prices as your % barometer within a DOM. For instance I would want an intial 10% stop loss until option price trades to a 2.5% gain, when that happens stop would move to breakeven or 0%. How would I configure that with a trade window, visual would be appreciated. thx |
| [2015-10-05 18:52:47] |
| User713273 - Posts: 409 |
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would this be the correct inputs?
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image.png| [2015-10-18 20:24:15] |
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Here is the documentation for Attached Orders: https://www.sierrachart.com/index.php?page=doc/doc_AttachedOrders.html Be sure to refer to the section about using the Move to Breakeven for Stop feature. It does not make sense to use a Stop offset of 0% or a Step Amount of 10%. In general, stepping by a percentage seems very error-prone. Also, we hope you really understand what it is you are doing because it seems like the trading method you are incorporating using options is error-prone and can be unreliable. Theoretically it may seem good, but as a practical matter, it is not simple. 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 |
| [2015-10-19 21:27:40] |
| User713273 - Posts: 409 |
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Yes thank you for your concern. Before moving forward w/ any intative we backtest for weeks/months. The most important thing to us is the rotation of symbols within a trading session. Looking forward to seeing the improvement by adding new functions to ACSIL to support trading a symbol different than the symbol of the chart.
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