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Date/Time: Sat, 20 Apr 2024 15:33:08 +0000



Discrepancy between stop offset parameter and resulting stop in chart trade

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[2020-12-02 15:25:46]
Bertram The - Posts: 3
Hi,
When using the DAX-202012-DTB-EUR-25 [M] future chart, the chosen stop loss offset in the trading window is always diminished by half.
So, when using a simple bracket, the standard stop offset of 8 results in an offset of 4.

I've added a picture of both the parameters (in this case a triggered step trail stop) with a chosen stop offset of 60, as well as the resulting orders in the chart: here you can see that the resulting offset is actually 30 points.

How can I fix this discrepancy?
Many thanks in advance!
Mr. B. The
imageScreenshot 2020-12-02 at 16.17.34.png / V - Attached On 2020-12-02 15:19:14 UTC - Size: 534.79 KB - 173 views
[2020-12-02 16:04:54]
John - SC Support - Posts: 30976
You are entering your offset in Ticks as specified by the Offset Value. Since the DAX has a tick size of 0.5, this results in a offset in points that is half the number of ticks.

Refer to the information here for that setting:
Attached Orders: Offset Values
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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