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Date/Time: Mon, 20 May 2024 18:24:20 +0000



Multi Target Order with Trailing Stop

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[2016-06-15 19:00:42]
dBassFour - Posts: 16
Hello,

I've followed the "example 4" in the Same Trade Configuration Doc, but if my FIRST target is set to 4T, and the Trigger Offset is set to 4 Ticks- then if my order doesnt print at +4 Ticks, but the market does- it triggers my trailing stop before my order gets executed.

What is the best way to accomplish the following?

OCO 1 - Target 4 Ticks
OCO 1 - STOP @ 8 Ticks
OCO 2 - Target 8 Ticks
OCO 2 - Trailing Stop at 8 Ticks, then once Order(OCO) 1 FILLS, it moves to breakeven +1 and continues to Trail at 4 Ticks behind Market price?

I've tried for about 2 hours, but keep getting strange behavior of it triggering too early.

I've read the Doc thoroughly, but I cant get around this +4 Trigger happening sometimes BEFORE my OCO 1 gets filled.

Any ideas would be great!

Dion
http://www.sierrachart.com/image.php?Image=1466017296819.png
Date Time Of Last Edit: 2016-06-15 19:03:50
[2016-06-15 20:04:34]
Cavalry3162 - Posts: 523
your +4tick order do not get filled at +4ticks (roughly, i ignore the order queue) but on a +5 as it gotta tick through (bid/ask related).

so you may end up setting your trigger to +5

andreas
[2016-06-16 03:59:22]
Sierra Chart Engineering - Posts: 104368
In the Attached Order settings we see you are not using a trailing stop but the Move to Breakeven for Stop settings are correct.
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

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