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Direct MessagesDate/Time: Sat, 27 Apr 2024 23:29:07 +0000
Separating quantities for Target Limits
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| [2020-02-16 03:21:18] |
| CNTrading - Posts: 13 |
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Hello, I want to separate the quantities for my limit orders that have a common OCO stop. So for example, I want to exit 1R (the contents of my original full position) when my PnL = that size (1R). Obviously the 1R size is figured per stop distance from the position entry. Does this make sense? When I try to adjust the target sizes, it won't allow me to use separate quantities. Ideally, I'd like to be able to set a order on the chart, manually adjust the target limits and the stop order visually, then let the chart move. It seems like when I try to do this, the 1st target limit closes the entire position somehow rather than a "1R" amount of my position. Am I making sense? |
| [2020-02-17 18:53:04] |
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From what we are understanding, you should not have any problems setting up what you want. It is definitely possible to create multiple targets with different quantities and have a single Stop that will exit the full amount of the open order. Refer to the following as an example of setting this up: Attached Orders: 2 Targets and Common Stop with Move to Breakeven on First Target You just need to add more Target Orders to the list of Attached Orders. 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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