Login Page - Create Account

Support Board


Date/Time: Fri, 01 Mar 2024 20:11:07 +0000



Trailing Stops in Sierra.

View Count: 2010

[2013-10-21 23:43:20]
User90051 - Posts: 3
Does Sierra have fixed and dynamic trailing stops for forex? For example. One stop will move tick for tick with the market after stop has moved to breakeven and the other will keep locking in say 10 pips at a time. SO market has to move 10 pips to move stop up 10 pips. In dynamic, the market moves a pip, the stop moves a pip.
Thank you.
[2013-10-22 01:38:14]
Sierra Chart Engineering - Posts: 104368
Yes. This is all supported. Refer to this page for all of the order types:
http://www.sierrachart.com/index.php?l=doc/doc_OrderTypes.html

And to this section for the Move to Breakeven for Stop functionality for Attached Orders:
http://www.sierrachart.com/index.php?l=doc/doc_AttachedOrders.html#MoveBreakevenForStop
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: 2013-10-22 01:39:41
[2013-10-22 19:45:14]
User90051 - Posts: 3
Could you tell me which one is which. Which one is a fixed amount and which one moves tic for tic. Will make it easy as there are quite a few and a bit confusing to me.
Thank you.
[2013-10-22 21:03:58]
Sierra Chart Engineering - Posts: 104368
The trailing stops that have "Step" in their name, step in amounts greater than 1 Tick. The other trailing stops move tick by tick.
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
[2013-10-23 01:10:12]
User90051 - Posts: 3
Thank you. I am still a little confused. Which two specifically do I use when I want to move stop to breakeven and then trail it pip for pip or in steps.
Thanks.
[2013-10-23 12:37:41]
Sierra Chart Engineering - Posts: 104368
Here are the links to the particular stops you need to use:
http://www.sierrachart.com/index.php?l=doc/doc_OrderTypes.html#TriggeredTrailingStop
http://www.sierrachart.com/index.php?l=doc/doc_OrderTypes.html#TriggeredStepTrailingStop

To make a Stop Attached order move to breakeven, follow the instructions here:
http://www.sierrachart.com/index.php?l=doc/doc_AttachedOrders.html#MoveBreakevenForStop
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: 2013-10-23 12:38:57

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account