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Date/Time: Thu, 25 Apr 2024 14:21:50 +0000



BreakEven Stop

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[2019-10-11 15:35:00]
User244709 - Posts: 3
Hello,

Can you tell me how i need to put in the following order?

I want a breakeven stop from the moment i reach 30 points profit. From then on, i want a trailing stop of 1 point. So it's a combination of a breakeven stop with a trailing stop.

example:

long spx fut at 2900
when 2930 then automatically a breakeven stop and the start of a trailing stop of 1 point.
so when spx fut = 2933 the stop should be 2903 and so on
[2019-10-12 15:37:55]
John - SC Support - Posts: 31098
You would want to use a Triggered Trail Stop for the Attached Order with the Trigger Offset and the Trail Offset to 30 points. Refer to the following:
Order Types: Triggered Trailing Stop
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-12-18 15:01:40]
User837393 - Posts: 132
I was looking for something similar. Do we have to fill the « Move to breakeven » part of chart trade window, or does all that can happend with the trigger function of the triggered trailing stop ?
Date Time Of Last Edit: 2021-12-18 15:02:26
[2021-12-20 03:50:37]
Sierra Chart Engineering - Posts: 104368
It depends what exactly you want to do. Here is the documentation for Move to Breakeven for Stop:
Attached Orders: Move to Breakeven for Stop
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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