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Direct MessagesDate/Time: Sun, 28 Apr 2024 00:30:08 +0000
Trailing stop and fixed stop limit
View Count: 636
| [2016-07-02 13:24:27] |
| User171450 - Posts: 3 |
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I am trading dax and minidax with demo account for now. Is there a way to implement both fixed stoploss and trailing stop? Stoploss should be 20 ticks from buy/sell price and trailing stop as optimal as it can be to keep profits running intraday or longer. Any suggestions for offsets settings and types(ticks,price,%) from you experienced users? Thanks |
| [2016-07-02 22:20:42] |
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Did you want the fixed stop and trailing stop to be separate orders?
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: 2016-07-02 22:20:59
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| [2016-07-03 05:36:41] |
| User171450 - Posts: 3 |
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The idea is to use both if the trailing stop should fail. But I realized that that trailing stop cant go lower than ticks choosed at the beginning?
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| [2016-07-03 06:36:30] |
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You cannot use two stops for this purpose. It does not make any sense. This is correct: But I realized that that trailing stop cant go lower than ticks choosed at the beginning?
Have a look at the different types of Order Types here: https://www.sierrachart.com/index.php?page=doc/doc_OrderTypes.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 |
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