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Direct MessagesDate/Time: Fri, 03 May 2024 07:43:13 +0000
How may I SCALE IN and automatically have the Target Adjusted?
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| [2018-08-10 16:58:29] |
| CRX - Posts: 7 |
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I am using the scale in function, where if another buy order is filled, it adjusts the quantity of the sell order. However, does the functionality exist where when it adjusts the quantity, it also adjusts the target price to the already pre-determined settings? (Example, I have a target price set at 10 ticks for profit, and 200 contracts. If another 200 contracts are purchased, the sell price will correctly adjust to 400 contracts, however I am also trying to automate those 400 contracts to adjust to the 10 ticks position as well.) I have done my due diligence with research, but have come up empty. Thanks in advance! |
| [2018-08-11 09:54:15] |
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This is not totally clear for us. The Scale In functionality is only going to increase order quantities not adjust prices.
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 |
| [2018-08-11 12:11:03] |
| CRX - Posts: 7 |
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Basically, when the quantity updates and my target is 10 ticks away from my position, since the position changes, it is no longer 10 ticks away as originally specified. It may be 15, 20, 25, etc, depending on the position change due to the increase in quantity. Is there a way to keep it so that the target STAYS at 10 ticks away from the current position, regardless of quantity increase? If not, is there a way to send an order for the current position quantity without having to manually type in the quantity? (Like sending a limit order for the current total position quantity, as opposed to a specific quantity) |
| [2018-08-11 20:57:27] |
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Is there a way to keep it so that the target STAYS at 10 ticks away from the current position, regardless of quantity increase? Automated Trading From an Advanced Custom Study If not, is there a way to send an order for the current position quantity without having to manually type in the quantity? (Like sending a limit order for the current total position quantity, as opposed to a specific quantity) No but once again you can use ACSIL to control the current Order Quantity.
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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