Support Board

Date/Time: Sat, 20 Apr 2024 02:34:25 +0000

Single Set of Dynamic Bracket Orders based on Position Average Price

[2019-10-17 21:53:08] #1 [Go To First Post]
User972768 - Posts: 166
Hello Sierra Team, I have tried Scale-In functionality of Sierra Chart and can't find way to adjust my Bracket Orders according to average price of the position after Scale-In / Scale-Out. Let's go through simple example. I have Scale-In configured and use "SimpleBracket" trading strategy. My chart / DOM is configured to present "Thoretical Average". Let's say, I open Long 1-lot position in ES for 3000.0 with 10-tick stop and 20-tick target bracket orders. So far, so good. I see 3 lines: my position as 1 lot at 3000.0 and 2 bracket orders. After adding 1 more lot at 2998.0 I see my position line moving to 2999.0 and now 2 sets of bracket orders for 1 lot each. Question: Is it possible in Sierra Chart to maintain just 1 set of bracket orders automatically adjusted to number of lots in my current position and average position price with each Scale-In/Scale-Out? Could you please let me know if such functionality exists and how to configure it? Thanks a lot and Best regards

To post a message in this thread, you need to log in with your Sierra Chart account: