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Date/Time: Sun, 24 Nov 2024 13:00:15 +0000



User Email Questions - OCO with IB

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[2013-10-21 21:16:26]
Sierra Chart - Max - Posts: 5730

Setup fine. NO Problem. Just started the Trial.

Having problem with OCO order. Spent hours...no resolution.

The only order I need:

Forex: Initial 30 pip stop...with 30 pip initial target, then stop raised to breakeven on remainder with second target 60 pips and third target 90 pips.

There is something I am not doing correctly, tried stop:stop and also Group1, Group2, Group3.

Can you help me? Can't find a solution with youtube videos and the forum posts.

Thanks, If I can get this working, I will use it with IB.

Sierra Chart Support
[2013-10-22 08:35:37]
tobi - Posts: 351
The attached twconfig file should do what you're looking for:

Initial stop: 30 pips
Target 1: 30 pips
Target 2: 60 pips
Target 3: 90 pips
When Target 1 is reached/filled the stop is moved to entry.

Copy the attached twconfig file in SC's data folder and choose it in the Trading DOM.

With this twconfig file be aware of:
- using 2 decimals in Price Display Format and Tick Size for JPY pairs
- using 4 decimals in Price Display Format and Tick Size for none JPY pairs
In case you're using 3 respectively 5 decimals, you have to double the stop (60) and targets (60, 120, 180) as these are ticks.

The choosen position size is 300000 with each target scaling out 1/3 (100000). You might want to adjust that to your personal needs.
attachment30.30-60-90.twconfig - Attached On 2013-10-22 08:35:32 UTC - Size: 6.18 KB - 555 views
[2013-10-23 03:43:38]
Sierra Chart Engineering - Posts: 104368


Thank you for this.

To use the attached Trade Window Configuration file provided by the user, follow the instructions here:
http://www.sierrachart.com/index.php?l=doc/doc_TradeWindow.html#ConfigurationFileAnotherSource
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: 2013-10-23 03:43:55

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