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Date/Time: Fri, 26 Apr 2024 00:57:22 +0000



Conditional Orders

View Count: 920

[2022-03-11 21:02:47]
User379468 - Posts: 508
How could it be possible to set up conditional orders so that if X (price, level, or alert) trades or activates, move stop to Y ticks below X?
[2022-03-11 21:06:43]
Sierra Chart Engineering - Posts: 104368
Have a look at this study:
Attached Orders: Study Controlled Targets and Stops
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
[2022-03-11 21:42:24]
User379468 - Posts: 508
Is it possible to make this study use a user configurable price level or drawing as the controlling reference?
[2022-03-11 21:50:05]
John - SC Support - Posts: 31131
Yes, just use the Horizontal Lines study to define the level you want and point the Trade Management by Study to the Horizontal Lines study and the particular subgraph that has the level you want. Refer to the following for the Horizontal Lines study:
Horizontal Lines
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-03-08 06:09:16]
User624595 - Posts: 179
Is it possible to use the chart to select the price level to set up the horizontal lines study alert?

And then use a control bar button or the chart to send a trailing stop if price tests the level?
[2023-03-08 14:56:54]
John - SC Support - Posts: 31131
There is not a way to do what you are asking with the built-in tools. You would need to create a custom study to do this. Refer to the following:
Advanced Custom Study Interface and Language (ACSIL): Introduction
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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