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Direct MessagesDate/Time: Fri, 03 May 2024 02:29:34 +0000
Trailing stop
View Count: 792
| [2016-07-12 15:24:19] |
| User26753 - Posts: 43 |
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I daytrade YM and I place an initial stop loss of 12 ticks. When the price goes to my favour 10 ticks I move my stop to breakeven with 1 tick BE Level Offset. Until this point I have programmed without problem with an Stop order and "Move to Breakeven for Stop" option. After this step I want my stop to trail the price at a distance of 12 ticks. This is the step I don't know to programm. Could you help me?
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| [2016-07-12 17:28:43] |
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Yes. You will want to use a Triggered Trailing Stop: https://www.sierrachart.com/index.php?page=doc/doc_OrderTypes.html#TriggeredTrailingStop It does not sound as though you need to use the Move to Breakeven settings, however you can. Refer to the attached image for the configuration you need. 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 |
 2016-07-13_052636.png / V - Attached On 2016-07-12 17:27:45 UTC - Size: 9.98 KB - 239 views |
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