Login Page - Create Account

Support Board


Date/Time: Fri, 03 May 2024 05:36:08 +0000



Set of Dynamic Bracket Orders

View Count: 918

[2019-10-21 15:18:48]
Tecomed - Posts: 6
Hello Support 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?
[2019-10-22 23:41:10]
Sierra Chart Engineering - Posts: 104368
There is no support for this:
can't find way to adjust my Bracket Orders according to average price of the position after Scale-In / Scale-Out.

This means you are not using Scale In if you have two sets of bracket orders:
and now 2 sets of bracket orders for 1 lot each.

Make sure you have it enabled on the correct Trade Window:
Basic Trading and the Trade Window: Trade Window Settings Not Applying to Chart or Trading DOM
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: 2019-10-22 23:41:29

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

Login

Login Page - Create Account