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Date/Time: Tue, 23 Apr 2024 22:42:05 +0000



Sierra DOM

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[2018-05-30 18:59:15]
User208878 - Posts: 14
Hi, my apologies if this is already listed somewhere else, but when placing orders on sierra dom, I noticed when it says market order, if I place a buy order below market it won't execute it until it gets to it which is good, but if I place a buy order above it will execute it right now. What do I use so it doesn't do this. I want to be able to get in at market, and then when I put a stop loss it won't get me out right now. I found out the hard way it gets me out now. Does the option stop limit solve this? Thanks.

Victor
[2018-05-30 19:44:21]
Sierra Chart Engineering - Posts: 104368
First make sure you have configured the Chart DOM order types as you require:
Global Trade Settings Windows: Chart DOM Settings

And use Attached Orders to set a stop loss:
Attached 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
[2018-05-31 01:53:49]
User208878 - Posts: 14
Hi, instead of directing to me a box that can be interpreted a lot differently than it's intended can you just please answer my question here. My settings are exactly as suggested and it still did what I didn't want it to do and I would have interpreted your link what it said as something I wanted it to do, but clearly it doesn't since a few weeks ago it proved to me it isn't the case.
I got in with a sell order, let's say I put a buy stop 20 ticks above, because I want to get out with a loss there if it goes against me, I left click and it executes the order right away. Meaning where price is now, not when it gets up there. According to that box, it says left click would be buy limit, right click would be buy stop. See I perceive limit to mean it won't execute it until it gets there, apparently that isn't the case. Should I right click instead and it would act as a stop loss?
If so how do I cancel it, do I right click again on the actual order and that cancels it? Please let me know, since what most people on this planet don't get is just because you know what buy limit means functionally doesn't mean everyone else does, I see the definition too, but it never states in the definition, it will execute that order right now. You people assume I'm just going to know that.
[2018-05-31 19:08:35]
Sierra Chart Engineering - Posts: 104368
First, it is imperative, that you set the order types based on Pointer actions, as you require in the Chart DOM Settings. Those settings are documented here:

Global Trade Settings Windows: Chart DOM Settings

And for a protective stop use the Attached Order functionality documented here:
http://www.sierrachart.com/index.php?page=doc/AttachedOrders.html#Instructions

Here is a video for this:
Videos | Post: 41276

If so how do I cancel it, do I right click again on the actual order and that cancels it?
Here are the instructions to cancel an order:
http://www.sierrachart.com/index.php?page=doc/ChartTrading.html#ModifyingOrdersOnTheChart
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: 2018-05-31 19:09:11

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