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Date/Time: Thu, 28 Mar 2024 13:21:26 +0000



[Locked] - Trade position managing

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[2023-03-08 10:59:08]
User175542 - Posts: 11
Hello, I'm sorry but I'm not able to find the instructions about closing a percentage of a trade position.
For exemple in particular: I have a single trade of one contract open, and then, after a provvisory profit/loss I want to close the 50% of that. Is it possible? (instead to open more positions, because I trade with just one contract per time)
Thank you
[2023-03-08 15:37:56]
John - SC Support - Posts: 30401
You can not close out 50% of a quantity of 1. 1 is the smallest size available.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-03-11 05:23:43]
User624595 - Posts: 162
Predefined OCO's don't always work if we scale in to a future ultimately unknown size depending on how market conditions develop.

If there are multiple quantity of contracts open, could there be an easy way to scale out portions/%'s of each current remaining, ie scale out in 1/5's, 1/4's, 1/3's?
[2023-03-13 15:37:51]
John - SC Support - Posts: 30401
You have to adjust the quantity and then perform the Scale Out. There is not a built-in method to do it in percentages.

You could do what you want using a Custom Study, refer to the following:
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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