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Date/Time: Fri, 26 Apr 2024 12:24:27 +0000



Trade Management by Study - Trailing Offset Input Parameter

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[2019-10-13 19:14:02]
User94606 - Posts: 327
Can you please confirm if this is the correct setting in using the Trailing Offset input parameter? My controlling study subgraph (ID1.SG1 - this is the 10 Exponential Moving Average). If I want to enable a trailing stop one tick below ID1.SG1, can I use "-1" in the Trailing Offset field? See attached screenshot.

However, how would I configure it so that the trailing stop is triggered if the price is 1 tick above ID1.SG1 for a short position and -1 tick below (-1) below ID1.SG1 if it is a long position?
imageTrade Management Study Trailing Offset Input.jpg / V - Attached On 2019-10-13 19:12:44 UTC - Size: 124.99 KB - 406 views
[2019-10-14 09:48:25]
Sierra Chart Engineering - Posts: 104368
This is very well explained with the Input description here:
Attached Orders: Trade Management by Study Input Settings
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
[2019-10-14 10:49:46]
User94606 - Posts: 327
Does this mean I need to create two Trade Management by Study - one for long and another one for short position? or can I use only one study for both (short and long)?
[2019-10-14 14:06:01]
Sierra Chart Engineering - Posts: 104368
You should not have any problem using the same study instance. It can handle both short and long Positions.
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
[2019-10-14 15:57:34]
User94606 - Posts: 327
Can you provide an example for setting up the Trade Management by Study trailing stop for long and short using only one instance of the study?
[2019-10-14 17:42:26]
Sierra Chart Engineering - Posts: 104368
This is chargeable at 55 USD per hour. And when we are able to get to it. We normally do not provide this level of support at no cost.
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: 2019-10-14 17:42:42

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