Support Board
Date/Time: Thu, 12 Jun 2025 08:38:08 +0000
trailing stop/stop order attached to study/chart value?
View Count: 372
[2022-11-04 17:44:23] |
User605240 - Posts: 5 |
Hi, where would i look to set up an order that is triggered when price crosses above a certain study value? ie. set up a trailing stop that is sma value +/- 4 ticks |
[2022-11-04 20:59:30] |
John - SC Support - Posts: 40376 |
If you are really wanting to enter a "Trailing Stop" order then none of the automated systems that we have will do this, as they are setup to enter Market Buy or Market Sell orders. They do not handle the more "exotic" order types. The one option would be to use the Spreadsheet Study for Trading and setup your conditions such that you are essential "trailing" the SMA +/- 4 ticks and then have it enter your Buy/Sell Market order when it reverses back. Refer to the information here: Spreadsheet Systems, Alerts and Automated Trading Otherwise, you would have to create a custom study to do what you want. Refer to the information at the following link: Automated Trading From an Advanced Custom Study 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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