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Date/Time: Sun, 12 May 2024 18:12:09 +0000



Question

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[2018-11-21 01:55:09]
Sierra Chart - Max - Posts: 5609
I have a client asking the following:

I want to place an order in the following manner. Lets say the CL market is at 56.70. I want to place an order to buy at 57.00 on a limit but only if the market goes to 57.20 first. If the market rallies to 57.20, then I would like to automatically have the order to buy at 57.00 go into the market. If that is filled I need an automatic order to go in with a profit target OCO a stop. Is this possible?

Can he do that using Sierra Charts?

Thanks,

Sierra Chart Support
[2018-11-21 03:49:36]
Sierra Chart Engineering - Posts: 104368
Yes this is fully supported. This can be done by using the Triggered Limit order type:
Order Types: Triggered Limit


And then you will want to enable Attached Orders which will become active when that limit order becomes active itself:
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
Date Time Of Last Edit: 2018-11-21 03:50:12

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