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Date/Time: Mon, 29 Apr 2024 01:47:24 +0000

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Trailing stop set up

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[2020-09-23 21:23:33] #1 [Go To First Post]
User948613 - Posts: 2
I am trying to set up a trade template for a trade with 2 contracts and a trailing stop when price heads in direction of trade. I have already set up a template with target price and stop price for contract 1 and 2 but cannot figure out setting up trailing stop when price moves in the trade direction and reaches a target level. I would like the trailing stop to begin for contract 1 And 2 when trade price reaches 12 ticks "trade in the money". Trailing stop can be a market order when retrace price is touched to initiate closing order. Can you kindly show me how to do this. Thanking you in advance, Hal

[2020-09-24 13:50:27] #2 [Go To First Post]
John - SC Support - Posts: 31159
You would want to use a Triggered Trailing Stop order type for your Stop Attached Order. Refer to the information here: Order Types: Triggered Trailing Stop For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing

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