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Direct MessagesDate/Time: Sat, 20 Apr 2024 08:00:41 +0000
Fastest way to place OCO from chart?
View Count: 1526
| [2015-10-17 02:18:06] |
| Lux - Posts: 14 |
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Hello! Well,the title it self is the question,but let me go into details to get precise answer from you guys. Lets assume that i am with one of SC supported futures brokers,hence i can place orders directly from SC. Strategy that i am currently testing is about scalping and often there is very little time to enter orders(sometimes only 10-15sec in fast moving market)and it has to be done thru charts. Entries are thru limit orders thus using OCO is the way to go(to place entry,stop and target at the same time) Most of the time R:R is 1:1,meaning stop is usually two ticks and target is two ticks.As those are two components of OCO that are fixed most of the time only two things left are to set entry price and side. Therefore i was thinking that it might be possible to make custom OCO where i would be able to right-click on chart,choose side and then enter price and set the OCO order? Is that possible?If not,could you suggest what would be fastest way to set OCO orders right from the chart? |
| [2015-10-17 02:43:36] |
| Sawtooth - Posts: 3976 |
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If you use the ChartDOM, and uncheck all Confirmations in the Trade Window, and use Attached Orders, and set the ChartDOM Settings as in the attached pic, your OCO entry order types will always be on the correct side of the market and are only 1 left-click in the ChartDOM columns. Very fast.
Date Time Of Last Edit: 2015-10-17 04:59:55
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 ChartDOM settings.png / V - Attached On 2015-10-17 02:41:53 UTC - Size: 20.76 KB - 419 views |
| [2015-10-17 04:44:34] |
| Lux - Posts: 14 |
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Cheers Tom! This is lovely,just played with it a bit.Think it doesn't go any faster than that. |
| [2015-10-17 06:42:00] |
| fireworks11 - Posts: 60 |
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The use of Keyboard Shortcuts is also a fast way of placing orders.
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| [2015-10-17 08:46:13] |
| Lux - Posts: 14 |
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Might be but i am not familiar with it.Till now i have been using SC only for charting FX so i'm not familiar with many functions. Have spend half an hour playing with ChartDOM and it's exactly what i need-one click and all three orders are placed.Pretty efficient. Thanx for suggestion thou! |
| [2015-10-21 03:27:14] |
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For complete reference here is the information for Chart Trading and the Chart DOM: http://www.sierrachart.com/index.php?page=doc/doc_ChartTrading.html 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 |
| [2015-10-21 10:15:08] |
| Lux - Posts: 14 |
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Saw that already but thanks anyway!
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