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Date/Time: Fri, 18 Oct 2024 06:15:54 +0000



Move to Breakeven > Question regarding Trigger Offset

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[2015-03-27 13:37:18]
User51760 - Posts: 108
Dear Support Team,

I am wondering how the following configuration could be achieved:

We are working with a Reward/Risk ratio of 2 (meaning expected reward is always twice the risk).
On ordering we are using a preconfigured OCO Stop Limit Order with fixed Offset and an attached Move To Breakeven for Stop functionality. Under different market condition we would like to be able to adjust stop and target manually accordingly - and we would like the Move To Breakeven Trigger Offset to adjust accordingly matching Risk 1 > Trigger Offset 1 automatically.
For an illustration please refer to the attached screenshot.

Is a configuration like described possible through either
1. the standard offset function in Trade Window > Targets,
2. Spreadsheet Systems, Alerts and Automated Trading, or
3. ACSIL study?

Maybe any .dll or preconfigured study already exists?

Thank you very much for your input,

Best,

Chris
imageBracket Stop Limit Breakeven Risk Reward_Sierra.png / V - Attached On 2015-03-27 13:36:49 UTC - Size: 52.91 KB - 350 views
[2015-03-27 17:18:45]
Sierra Chart Engineering - Posts: 104368
ACSIL does have the ability to modify the Move to Breakeven for stop order settings. But must originally submit the order. Refer to this page:
https://www.sierrachart.com/index.php?page=doc/doc_ACSILTrading.html

We cannot provide any further help than 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, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2015-03-27 17:19:02

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