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Date/Time: Tue, 23 Apr 2024 16:48:52 +0000



in the trade window - targets tab - move to breakeven for stops.

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[2018-10-23 01:28:51]
User256311 - Posts: 11
hello,
in the trade window - targets tab - move to breakeven for stops, one of the options is (negative offset in ticks triggered).I have tried to use this function in replay and can not get it to trigger at all, is this function still supported by sierra?
my understanding of how it should work would be as follows:

trade moves 5 ticks and triggers my negative offset stop, my stop now moves from a risk of 80 ticks to a risk of 40 ticks
[2018-10-23 18:07:46]
Sierra Chart Engineering - Posts: 104368
Yes it is supported but we would need to test it and verify the documentation . Though this is not something we can get to anytime soon.
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
[2018-10-24 20:04:27]
User256311 - Posts: 11
Hello,

i have tested and re tested the negative offset with no sucessful results in replay mode.

in refreance to your reply above why cant you test it anytime soon? I pay for the platform and real money is at risk.
[2018-10-25 00:51:37]
Sierra Chart Engineering - Posts: 104368
We are looking at it now and will make sure the documentation is up-to-date, if not already. Also this particular option is not well-regarded by us and was requested by one user. And it would appear to be designed to increase the loss/risk. And more importantly, we have to set our priorities. We cannot support everything within Sierra Chart to the degree that people want. And if we get pestered by something, it can have the effect of us pulling a feature. Users need to realize that risk.




trade moves 5 ticks and triggers my negative offset stop, my stop now moves from a risk of 80 ticks to a risk of 40 ticks
When you say moves five ticks, moves in the direction of profit or loss?
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: 2018-10-25 02:05:18
[2018-10-25 01:58:10]
User256311 - Posts: 11
HELLO,

Answer to your question is, moves in the direction of profit.

example. stop is behind the bar @ 200tick risk, once the trade moves in profit to a certain number of ticks say 20 ticks profit, I would like to move my stop to 100 tick risk. which would be negative breakeven 100 ticks.


living in Australia most of the volume happens overnight so I would like to set this up automatically and reduce potential losses. thank you for your time and effort.
[2018-10-25 02:28:40]
Xfanman1 - Posts: 320
Have you tried just moving your stop to -100 with the normal BE Level Offset trigger and the Target Offset at +20? This works fine for me, you don’t need to move your stop to a positive offset at your designated profit target.


Scott
Date Time Of Last Edit: 2018-10-25 02:33:47
[2018-10-25 04:08:43]
User256311 - Posts: 11
Hi Scott.

I was under the asuption that you had to use the negative offset for that purpose. I have tested your suggestion on replay and you are infact corrent and it has worked perfectly so far.

this issue has causend me stress for months so i thank you very much for the helpful tip. I owe you a beer or two.

Kind regards,
Chris
Date Time Of Last Edit: 2018-10-25 04:11:01
[2018-10-25 05:04:38]
Sierra Chart Engineering - Posts: 104368
Yes the answer given in post #6 is how you do this and we can come to the conclusion that the NEGATIVE_OFFSET_TRIGGERED breakeven type needs to go. It is coming out. And that was the basis why we did not want to focus on it because it was not worthy of attention. But now we understand that it is actually misleading. So it is going to come out.

And we are not even sure it was ever implemented the way the user truly wanted.
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: 2019-01-25 18:15:05
[2019-01-25 11:22:22]
ILIM KIRGIZ - Posts: 187
As I understand from the documentation and the example in post #6; For a long trade, I need to use a negative value to be able to move the stop loss under entry price by this amount. (I use this for preventing my stop spread)
In case of a short trade, If I want to add the same offset to my stop loss while moving it to breakeven with offset above the filled price should I still use a negative value to do so?

Also Is it possible to set Step 1 and Step 2 BE Level Offset values by ACSIL inside a study?

Thanks.
Date Time Of Last Edit: 2019-01-25 11:24:03
[2019-01-25 18:18:50]
Sierra Chart Engineering - Posts: 104368
In case of a short trade, If I want to add the same offset to my stop loss while moving it to breakeven with offset above the filled price should I still use a negative value to do so?
Yes.



Also Is it possible to set Step 1 and Step 2 BE Level Offset values by ACSIL inside a study?
Yes but they have to be the same values.
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
[2019-01-26 09:18:09]
ILIM KIRGIZ - Posts: 187
Will it be possible for you to arrange it to be set to two different values?
Thanks.
[2019-01-28 21:52:46]
Sierra Chart Engineering - Posts: 104368
This is going to be involved and it is not something we can spend time on now.
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
[2019-02-12 18:14:35]
ILIM KIRGIZ - Posts: 187
Dear Support,
Could you please let me know when can allow defining different values for BE1 and BE2 values as we are developing a study to manage trades?
Thanks.
[2019-02-15 18:21:01]
Sierra Chart Engineering - Posts: 104368
We do not know when we would be able to get to this.
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
[2019-02-19 10:35:40]
ARDAN - Posts: 66
Dear Support I also need to be able to set different values of BE1 and BE2. Even BE3 support will be great!
Please let me know as well so I can coordinate my programmer.
Thank you.
[2019-02-22 12:19:35]
ARDAN - Posts: 66
Dear support please share your plans about this one or let me know how I can accelerate the process.
Thank you.
[2019-02-27 06:08:47]
Sierra Chart Engineering - Posts: 104368
This is not something we are able to do right now.


We can only handle so much.
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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