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Direct MessagesDate/Time: Sun, 28 Apr 2024 18:18:49 +0000
How to sell 25%, 50% of a position (as percentage and NOT fixed number)
View Count: 185
| [2024-03-19 12:59:54] |
| funbun - Posts: 71 |
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As equity traders we often have very different position sizes from 200 to 10,000 shares, depending on stock and volatility. There's simply not enough Quantity Buttons to show all different numbers between 200 and 5000 to get a portion out. (Even if there was enough buttons, it's very cumbersome to try to find the right button while in a position) I've looked extensively through the docs to find the way to set a % of position for an exit but all I could find is setting a fix number for the quantity, which is as I mentioned, impractical. |
| [2024-03-19 13:28:07] |
| karohm - Posts: 128 |
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I would want this too. Like a trade command to flatten/sell % of your position would be awesome. I have to always keep changing the order quantity. :/
Date Time Of Last Edit: 2024-03-19 13:46:59
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| [2024-03-19 15:14:33] |
| John - SC Support - Posts: 31159 |
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There is not a built-in method to determine quantity by a percentage. You would have to create a custom study to do this. 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 |
| [2024-03-20 04:39:52] |
| karohm - Posts: 128 |
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There is not a built-in method to determine quantity by a percentage.
You would have to create a custom study to do this. Refer to the following: Automated Trading From an Advanced Custom Study Using this will i then be able to add the command in chart trade menu ? |
| [2024-03-20 15:48:31] |
| John - SC Support - Posts: 31159 |
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Refer to the following: Advanced Custom Study Interaction With Menus, Control Bar Buttons, Pointer Events For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2024-03-24 05:08:16] |
| karohm - Posts: 128 |
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Hi funbun, Were you able to figure this out ? Date Time Of Last Edit: 2024-03-24 06:19:19
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| [2024-03-24 08:25:24] |
| funbun - Posts: 71 |
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Not natively. I’m in the works with a developer to code such a thing. And still there are some complications such as proper routing which seems to be tricky, but we’re giving it a shot |
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