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Direct MessagesDate/Time: Thu, 25 Apr 2024 11:15:36 +0000
Manual Scale Out Through Chart Trading Window
View Count: 1267
| [2014-09-20 23:04:17] |
| cmet - Posts: 535 |
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Would it be possible to add a manual Scale out button and quantity functionality to the chart trading window? They have this in OEC Trader and it's very useful for discretionary scale outs. Example: You're in a 10 lot trade. It moves in your favor and you want to manually take off 5 contracts You enter 5 in the quantity box and click the scale button This would then close 5 contracts and cancel any targets/stops associated with those contracts Might look something like what's on the bottom of this photoshop mockup: http://s28.postimg.org/b4lfwt7al/scale.jpg |
| [2014-09-21 08:27:41] |
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This is supported: http://www.sierrachart.com/index.php?page=doc/doc_AttachedOrders.html#ScalingOut 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, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2014-09-21 17:47:37] |
| cmet - Posts: 535 |
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Thanks. So to simplify/clarify... 1. You enable "Support Scale Out" 2. You enter the trade as you normally would with any attached exit orders you use 3. While the trade is open, if you want to scale out, you: -change the quantity -enter an order in the opposite direction of your trade (sell if long, buy if short) 4. Your position and attached exit orders are reduced by the quantity entered 5. On the next trade, you change the quantity back to your desired position size and enter normally Date Time Of Last Edit: 2014-09-21 17:48:22
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| [2014-09-21 20:14:00] |
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Yes. Try this in Sierra Chart Trade Simulation Mode to confirm it works as you expect. That is the best way to test it. 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, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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