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Date/Time: Thu, 25 Apr 2024 01:50:34 +0000

[User Discussion] - Triggered trail stop buy order NOT working

[2020-06-27 02:38:35] #1 [Go To First Post]
vish100 - Posts: 111
Hi, I am not able to get triggered trail stop to work as a main BUY order (with no attached orders) So for example if the current market price is 7.55 and I use order type 'Triggered trail stop' with a 'stop price of 7' and 'Trigger' price as 6.90, AND I hit BUY; the order fills IMMEDIATELY at current market price i.e. 7.55 This is not what I want. I want the trailing action to begin when the market price falls to 6.90 and then the BUY order to chase the market price with an offset of 5 ticks. Can you please help as it's an important part of my strategy? See attached screenshot http://www.sierrachart.com/image.php?Image=1593225483598.png Thanks V


Triggered trail stop.png / V - Attached On 2020-06-27 02:34:24 UTC - Size: 199.14 KB - 176 views

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