Support Board
Date/Time: Mon, 10 Mar 2025 16:33:16 +0000
Trailing Percent of Profit
View Count: 903
| [2021-03-18 14:42:12] |
| owendonk - Posts: 54 |
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Is there a way to set a trailing stop that adjusts to percent of profit, let's say 80%? For example, buy 3940 and it's at 3950, stop should be 3948 (.8*10). If it goes 3960, the stop should be 3956 (.8*20).
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| [2021-03-18 15:40:31] |
| John - SC Support - Posts: 38534 |
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You can use the Trade Management by Study study and then base it on another study or studies that calculate the profit. Refer to the following: Attached Orders: Study Controlled Targets and Stops And it may be easiest to use the Spreadsheet Study for Trading to calculate the profitability of the trade. Refer to the following: Spreadsheet Systems, Alerts and Automated Trading For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2021-10-29 17:43:04] |
| JDCII2112 - Posts: 21 |
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Hey Owendonk, Did you get this to work? Thanks. |
| [2021-10-29 17:45:39] |
| owendonk - Posts: 54 |
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No
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| [2022-03-30 18:26:49] |
| User379468 - Posts: 508 |
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Has anyone been able to set up something like this?
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