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Direct MessagesDate/Time: Fri, 19 Apr 2024 07:02:01 +0000
question trailing stop
View Count: 628
| [2018-11-15 15:42:20] |
| AKR - Posts: 523 |
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Is it possible to set up a trailing stop that first trails in steps and then when a defined level is reached just trails 1:1 with price? eg: I want stop go to BE after 2pts. then move 2pts when price is at 4pts and an other 2 pts when price is at 6pts. then when price is at 7pts i want it to trail behind 0.5 pts. so if it goes from 6 to 8, stop should be at 7.5 already. possible? |
| [2018-11-15 19:28:55] |
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No, this is not supported.
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 |
| [2023-03-08 05:36:08] |
| User624595 - Posts: 172 |
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Is this still the case? Is there any way to tighten a trailing stop as price moves further in favor?
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| [2023-03-08 14:52:49] |
| John - SC Support - Posts: 30953 |
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There is not a built-in order type for this. You could do this using a custom study. Refer to the following: Automated Trading From an Advanced Custom Study For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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