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Direct MessagesDate/Time: Tue, 07 May 2024 05:41:16 +0000
Adding to position / scaling out while existing OCO in place
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| [2019-07-15 22:39:59] |
| User247447 - Posts: 11 |
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Hello, I have Support Scale In and Out enabled. Scenario 1: I am long 3 contracts of /ES, and I have an OCO in place that has 2 targets, and a stop for both contracts. Sell scenario 1: I manually market sell 1 contract - I have confirmed that if my stop gets hit, it only stops me out on 1 contract, leaving 1 contract left - there are no stops in place at this point. Scenario 2: I am long 2 contracts of /ES, and I have an OCO in place that has 2 targets, and a stop for both contracts. Sell scenario 1: I manually market buy 2 more contracts for a total of 4 contracts. How do I make sure that these additional 2 contracts are added to the existing targets, and how to ensure that my stop order is updated to reflect that I want to stop out of all 4 contracts? Please forgive my ignorance, but I am coming from NinjaTrader where these are somewhat automatic for the most part. I just want to make sure that I get this process down before live trading. |
| [2019-07-16 16:47:19] |
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What you are describing is exactly what Scale In does for you. The way to confirm what you are seeing is simply to look at the order lines on the chart and verify that the quantities are correct for what you are trying to do. You can always test this out in Simulation mode first to see how it works. Refer to the following for the Scale In documentation: Attached Orders: Scaling In Start at the following for information on adjusting what is displayed in the Working Order lines: https://www.sierrachart.com/index.php?page=doc/GlobalTradeSettings.html#ChartTradeSettings_DisplayDetailedOrderInformation And refer to the following regarding Simulation Mode: Trade Simulation 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: 2019-07-16 17:23:50
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