Home >> Support Board

Support Board

Date/Time: Wed, 22 Oct 2025 03:26:56 +0000

How to Post a Message for Support

Triggered Limit with Chase - Target

View Count: 1076

[2024-12-07 08:47:04] #1 [Go To First Post]
User925540 - Posts: 98
I see "triggered limit with chase" order type available as a stop order only, is it possible to add it as a target too? It would be the same as "Target: Limit Touch Chase" but on the client side. Thanks.

[2024-12-10 16:17:14] #2 [Go To First Post]
Sierra_Chart Engineering - Posts: 21176
Limit Touch Chase is already a client side managed order. 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, use the Teton service: Sierra Chart Teton Futures Order Routing

[2024-12-10 17:00:51] #3 [Go To First Post]
User925540 - Posts: 98
It does get sent to the exchange, even if the SC client is shutdown it will still act as a limit and get executed, right? I'm referring to it not being activated when the client is not connected (Similar to Limit-If-Touched-Client for example). The Triggered-Touched-Chase would serve that purpose, but it's only available for stops not targets.

[2024-12-10 20:08:53] #4 [Go To First Post]
Sierra_Chart Engineering - Posts: 21176
Yes: It does get sent to the exchange, even if the SC client is shutdown it will still act as a limit and get executed, right? We understand what you want. We will see. 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, use the Teton service: Sierra Chart Teton Futures Order Routing

[2025-02-27 02:48:08] #5 [Go To First Post]
User925540 - Posts: 98
Hi Just checking if there has been any thoughts on adding the "Triggered Limit with Chase" as part of targets (instead of being just with stops currently). Thanks.

[2025-05-12 16:43:06] #6 [Go To First Post]
User925540 - Posts: 98
Is this at all in the roadmap? Cannot be that hard to implement, those order types are already part of the "STOP", just want to duplicate them into "TARGET". Thanks.

[2025-05-16 18:06:43] #7 [Go To First Post]
User925540 - Posts: 98
@John - SC Support Can you please add this as a feature request, this shouldn't be that hard to implement, the order type is already there in the Trade Window Configuration, it's part of the Stop orders, we just need to duplicate this to the Targets too. "Triggered Limit with Chase" .. it would be sent to the exchange only when triggered, so if SC is disconnected that order won't be sent to the exchange. Thank you.

[2025-05-16 18:14:52] #8 [Go To First Post]
John - SC Support - Posts: 42486
This was noted as a Feature Request since Post #4. We can not say when we would get to any particular request. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing

[2025-08-17 18:15:56] #9 [Go To First Post]
rajeshh - Posts: 45
Another vote for this feature. Thanks

[2025-08-17 19:52:44] #10 [Go To First Post]
Sierra_Chart Engineering - Posts: 21176
We are not going to add this. This is not coming. 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, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2025-08-17 19:52:53

[2025-08-17 20:00:17] #11 [Go To First Post]
rajeshh - Posts: 45
That is unfortunate. How does one accomplish the chase scenario of the attached target order, where price comes within x ticks of the target price, and starts moving away, and we need to chase the market with a max chase of y ticks? Date Time Of Last Edit: 2025-08-17 20:08:26

[2025-08-27 10:16:45] #12 [Go To First Post]
Sierra_Chart Engineering - Posts: 21176
This is very unusual. As we reread this thread, it is not something we want to add. There is already a Limit Chase order type for Attached Orders: Order Types: Limit Chase And if you do not want it sent to the exchange when Sierra Chart is not running, this is just something we do not want to get involved in. We do not want to get involved in wacky programming like this. Would be best, that you develop your own custom order using ACSIL: Automated Trading From an Advanced Custom Study What you are asking for in post #11, is something completely different.: How does one accomplish the chase scenario of the attached target order, where price comes within x ticks of the target price, and starts moving away, and we need to chase the market with a max chase of y ticks? We will look into this. 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, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2025-08-27 10:17:05

[2025-08-27 11:29:54] #13 [Go To First Post]
User925540 - Posts: 98
And if you do not want it sent to the exchange when Sierra Chart is not running, this is just something we do not want to get involved in. We do not want to get involved in wacky programming like this. But it's already available for stop orders "Triggered Limit with Chase", the request was just to make it available for both targets and stops. Not wacky programming :), just existing programming that can be used for both stops and targets.

[2025-09-11 02:59:30] #14 [Go To First Post]
Sierra_Chart Engineering - Posts: 21176
We apologize for the delay. We did not intend to ignore this. Can you please provide us a simple description of how this order type should work. Try to keep it as simple as possible and then we will look at the implementation of this. 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, use the Teton service: Sierra Chart Teton Futures Order Routing

[2025-09-11 11:03:21] #15 [Go To First Post]
User925540 - Posts: 98
No worries, we understand how busy you guys are. The request is very simple, the order type "Triggered Limit with Chase" is currently only available for Stops but not for Targets (checking from the trade window > targets tab). The request is to just make it available for targets too. It would work exactly as the documentation says no need to change anything about it. Just make it available to be used for targets. Order Types: Triggered Limit with Chase Order Types: Triggered Limit Given it's a "triggered" order, it would mean that it would be a client managed order.

[2025-09-11 15:22:39] #16 [Go To First Post]
rajeshh - Posts: 45
User925540, can you post an example scenario like I did in post #11 to better understand your use-case. Reading the documentation, are you wanting the trigger price to determine when the attached target order be sent? But then what is your requirement wrt chase? What decides when one starts chasing the market? (honestly, current documentation for the chase part of the attached order is light imho, and am unable to understand how it works).

[2025-09-11 15:40:25] #17 [Go To First Post]
User925540 - Posts: 98
Let me try to explain it from the documentation (which I think explains it fairly well): Triggered: Means it is only activated (i.e. sent to the exchange) when the trigger price is reached. In other words if the client is not connected the order doesn't get sent. Order Types: Triggered Limit The Triggered Limit is similar to a Stop Limit order, except that the Triggered Limit is a client-side managed order type which means until such time that the Trigger price is met, the Limit order is not sent to the external Trading service. When the Trigger price has been met, then the order is sent as a Limit order. Limit: I think we all understand that part. Chase: Explained here: Order Types: Limit Chase The Limit Chase order type is a Limit order type that is automatically adjusted to follow (chase) the current market price. So it's basically a limit chase order that is client based. It's already available for Stops. I wanted to set it for targets too.

[2025-09-11 16:06:09] #18 [Go To First Post]
rajeshh - Posts: 45
automatically adjusted to follow (chase) the current market price But when does the chase begin? For example, for a long position, if stock has a trigger price of 100, which when triggered results in sell limit order with price of 105 (I am just making this up. I don't know if this is the requirement). Now that the price is around 100, when does the chase begin? Does it start if market touches 105 and starts to retreat? In my use-case of post #11, I would like the chase to begin when the price comes within x ticks of the limit price, and starts moving away.

[2025-09-11 18:16:58] #19 [Go To First Post]
User925540 - Posts: 98
Order Types: Limit Chase When using the Limit Chase order type, the order will automatically be modified up in the case of Buy Limit orders and down in the case of Sell Limit orders. So let's say you're long a stock, and your target sell limit chase order is at 100, when the last price reaches 100 if your target order gets filled, great, if your order doesn't get filled and the price starts moving away from the target price (i.e. 100 going lower to 99.90 for example), the limit order will start chasing the market price so the target will get modified from 100 to 99.90 (1 tick value) and that process will keep happening until the order gets filled or you reach the max chase value set (also mentioned here Order Types: Limit Chase). Same thing happens with stop loss orders of that type and same thing happens with position initiating orders of that type.

[2025-09-30 02:15:30] #20 [Go To First Post]
User925540 - Posts: 98
Gents @Sierra_Chart Engineering Is adding the triggered limit chase as a target (explained here in post#15 Triggered Limit with Chase - Target \| Post: 424910) still on the roadmap?

[2025-09-30 14:27:39] #21 [Go To First Post]
John - SC Support - Posts: 42486
It was noted as a Feature Request, but we can not say when we would get to any particular request. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing

[2025-09-30 14:51:53] #22 [Go To First Post]
User925540 - Posts: 98
Thanks John. I thought it was already in the making when I was asked to explain it. I'll wait.

[2025-10-17 14:32:12] #23 [Go To First Post]
Sierra_Chart Engineering - Posts: 21176
A Triggered Limit order type simply cannot be used as a Target for this reason: In the case where you want to submit a Sell Triggered Limit order, the Trigger Line needs to be below the current market price and the Limit price will be above the Trigger price. This of course is in relation to a Long position. It effectively functions as a Stop-Limit order. 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, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2025-10-17 14:32:31

[2025-10-17 14:47:47] #24 [Go To First Post]
User925540 - Posts: 98
Interesting, seem to be a duplication if it's the same as stop-limit. But understood, that makes sense. One final question, would it be possible to add "Limit Chase - client"? Basically a limit with chase on the client side. Basically all I'm looking for is Limit Chase, but only on the client side where it gets cancelled/not executed if SC is not connected.

To post a message in this thread, you need to log in with your Sierra Chart account: