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Date/Time: Tue, 27 Feb 2024 01:32:54 +0000

Scalping DOM emergency stop only possible?

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[2022-09-26 18:37:25]
Woodzy - Posts: 30
When scalping the DOM I want quick in and out not messing around moving OCO or attached orders, but rather doing it all manually just using the bid & offer columns. Currently I do not use any attached orders, but I would prefer to enter trade with an emergency stop in place and have this automatically cancel when position is flat. I don’t want to use the Trade flatten and cancel button to close trades because I’m trying to pick my price on the DOM.

Also if I attach a stop to my trade then when I go to close out the trade using either the bid or ask column, another stop is placed and I’m left with 2 active stops one above and one below price.

I’ve attached an image to help explain what I mean, but I don't think what I'm asking for is possible, thanks
imageattached order stop.png / V - Attached On 2022-09-26 18:35:44 UTC - Size: 134.4 KB - 72 views
[2022-09-27 09:36:32]
Sierra_Chart Engineering - Posts: 12977
You will want to use Attached Orders and configure it for a single stop only (This will be the emergency stop):
Attached Orders: Step-By-Step Instructions

Enable the Scale Out option:
Attached Orders: Scaling Out

Enable this option:

Basic Trading and the Trade Window: Main/C >> Menu >> Orders >> Cancel Orders on Flat Position (chart specific)

All of the above will accomplish what you want.
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:

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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