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Date/Time: Wed, 15 Jan 2025 15:21:49 +0000



Trade Management by Study?

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[2017-07-25 18:51:26]
User606491 - Posts: 164
I would like to set up a stop such that the stop order triggers after an x pt offset, then exits based off a change in study angle.

For example:
P0 = 100
Pstop = 95
Ptrigger = 106
Exit at = 106 or change in study angle

The the stop loss is 95, if correct direction, then downside is protected at 106, the upside is determined by the study angle.

How do I do this?
[2017-07-25 21:36:00]
Sierra Chart Engineering - Posts: 104368
Use the Spreadsheet System for Trading study for this:
Spreadsheet Systems, Alerts and Automated Trading

And refer to:
Spreadsheet Systems, Alerts and Automated Trading: Initiating Trades with Auto-Trading and Using Manual or Attached Orders Exits
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: 2017-07-26 15:32:16
[2017-07-25 22:18:29]
User606491 - Posts: 164
I'm becoming increasingly more familiar with spreadsheets; however, can you be more specific on how to do this:

would I:
1. set a trigger trailing stop order via the attached orders panel (to activate the x ticks trigger) then,
2. set a Buy Exit based on a formula and,
3. Change "Cancel all orders on entries and reversals" to Yes (so that the spreadhsheet will exit either at x ticks (at minimum) or when the formula is true)


if there's a cleaner way to do this, please advise.

thank you.
[2017-07-26 15:30:47]
Sierra Chart Engineering - Posts: 104368
1. Yes, you would still want to use this Stop Attached Order type.

2. Yes.

3. You will want to set this Input to Yes:
Automated Trading Management: CancelAllWorkingOrdersOnExit

Refer to:
Spreadsheet Systems, Alerts and Automated Trading: Initiating Trades with Auto-Trading and Using Manual or Attached Orders Exits
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: 2017-07-26 15:33:07

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