Support Board
Date/Time: Thu, 26 Jun 2025 10:20:52 +0000
Stops always have slippage
View Count: 1263
| [2021-11-11 02:35:18] |
| User377189 - Posts: 216 |
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Last two trades in GC i have noticed that when my stops are hit there is always additional 0.1 taken as loss My 30 tick stop took out at 31 and my B/E stop when hit -0.1 was taken out |
| [2021-11-11 13:53:45] |
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If you want to eliminate the slippage, use a Stop-Limit order and set the Limit Offset to 0: Order Types: Stop-Limit Although this means the Stop may not stop out your position. 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 Date Time Of Last Edit: 2021-11-11 13:54:09
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| [2021-11-16 16:01:17] |
| User377189 - Posts: 216 |
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how do i set stop in such a way so as to stop me out of my position and also eliminate slippage?
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| [2021-11-16 17:42:24] |
| j4ytr4der_ - Posts: 947 |
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Those two ideas are in conflict. If you want no slippage, you have to use a limit order which has a chance of not filling. If you want a guaranteed fill, you have to accept the potential for slippage.
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| [2021-11-16 17:43:17] |
| j4ytr4der_ - Posts: 947 |
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For whatever it's worth, I would never use a Stop Limit to get out, only a normal stop (market).
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| [2021-11-16 18:08:35] |
| Infinite - Posts: 134 |
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If trading a low liquidity product like GC. I always look at the DOM and if there is a level close to the level I want to get out that has a lower number of parked order, I put my target there. Its easier to get out there compared to a level with a higher number of parked orders. Also if you follow Pulling/Stacking U can usually be assured of exiting easier if your target level has a NEGATIVE (Pulling) number at that level. Also watch where your estimated place in the CUE is. If there are 200 parked orders and you are number 199 U will be almost last getting out.
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| [2021-11-17 13:18:03] |
| User377189 - Posts: 216 |
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I have never faced such a slippage in Sierra chart in the past 1.5 years when i moved from platform from Ninja Trader. Last couple of trades that i have taken each and every stop that was hit had slippage. Yesterday had a 5-tick slippage |
| [2021-11-17 17:38:30] |
| j4ytr4der_ - Posts: 947 |
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And what was the price action like? Slippage can happen and it's not to do with the platform, it's to do with the liquidity of the instrument. If the book was thin and your stop got swept, you would have to expect slippage.
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| [2021-11-17 21:18:54] |
| User377189 - Posts: 216 |
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Price action was pretty normal and balance no larger than normal bars forming or crazy moves. I have been victim of slippage in the past but never had consecutive trades facing the same issue. I have set my stops to move up to B/E after price moves at least 2:1 from my entry point, even these trades when the market turned got slippage. Maybe just one of those months where you get slippage on back to back trades
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| [2021-11-17 21:38:26] |
| j4ytr4der_ - Posts: 947 |
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Yeah maybe take a really super close look at the liquidity on a replay? Or if you record video of your trades can look there too. My suspicion is just that your stop was right in a thin spot and so got swept... but yeah no way to know for sure without looking at the data.
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| [2021-11-17 21:43:18] |
| User377189 - Posts: 216 |
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👍🏻
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| [2021-11-17 23:32:03] |
| Infinite - Posts: 134 |
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Also are your profit target and SL orders being sent to the exchange or on your trading computer only? Always send those orders to the exchange if you do not already.
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| [2021-11-18 01:54:09] |
| User377189 - Posts: 216 |
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I have OCO bracket orders, I believe if you do this once your order is filled then the orders are on the exchange servers
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| [2021-11-18 02:45:52] |
| j4ytr4der_ - Posts: 947 |
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There's a setting for keeping brackets on the servers or not. Go in and triple check that for sure...
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