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Date/Time: Thu, 27 Feb 2020 05:05:59 +0000



Bracket Orders with Scale In

[2019-11-17 15:34:53]
sunnyd - Posts: 270 | Ending Date: 2020-04-22
Hi.

I have a question regarding distribution of scaled in orders on the take profit targets.

If for example I'm using a bracket order which fills 2 orders and has 2 take profit targets which close one order each. If I scale in more orders before the targets are hit, the added orders (+1 original order) are by default closed at the first take profit level and then the 1 original bracket order is closed at TP 2

Is there a way to change this default so that for example 50% of orders are closed at TP 1 and 50% at TP 2? so if for example I filled the bracket and then another 8 orders are scaled in, totalling 10 orders, the first TP would close 5 orders and second 5 orders, by default.

Thanks
S
[2019-11-17 15:47:45]
nosast - Posts: 83 | Ending Date: 2020-02-29
Would need that too but currently not possible. You can only set to first or last target for scale-in.
[2019-12-16 04:09:47]
Sierra Chart Engineering - Posts: 81517 | Ending Date: 2020-06-09
We would have to add the capability to evenly distribute the scaled in orders among the existing Target and Stop orders.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2019-12-16 12:08:05]
nosast - Posts: 83 | Ending Date: 2020-02-29
Thank you. This functionality for scales is needed.
[2020-01-12 02:30:54]
nosast - Posts: 83 | Ending Date: 2020-02-29
Scaling is so important for risk mgmt that I'm sure a lot of users would benefit from an evenly distribute scale in to their targets/stops.
[2020-01-21 05:28:01]
User564539 - Posts: 20 | Ending Date: 2020-03-08
I agree this is a very important feature, currently not considering targets/stops means manual intervention which is not ideal for automated trading
[2020-02-19 10:43:45]
nosast - Posts: 83 | Ending Date: 2020-02-29
Hi SC,

any update on the distribution for scale-ins?
[2020-02-20 18:50:37]
Sierra Chart Engineering - Posts: 81517 | Ending Date: 2020-06-09
We will get to this as soon as we can.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.

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