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Date/Time: Thu, 19 Sep 2024 23:27:41 +0000



[Programming Help] - Trading DOM: Moving Stop to Break Even

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[2022-01-07 13:03:40]
User963221 - Posts: 20
Scenario: I am in a trade using the DOM, I have an open long position, a 20 tick stop and no target order. Price has moved in my favor say 4 ticks, I want to close the position before it moves against me. (see attached screen shot where I captured this scenerio)

Option 1: Drag my stop to current bid/ask and get filled (price may move many ticks while I get this done)
Option 2: Hit Flatten (price may move and my fill may be bad)
Option 3: Place a sell limit order (because I have attached orders turned on, I will end up with a DOM with other orders that have to be cancelled before they accidently get filled)

Question 1: Is there a way to create a shortcut to move an order using a mouse click instead of click and drag on the DOM?
Question 2: In my other platform there is an option to CANCEL all open orders when one order is filled, is this an option in Sierra Chart?
imagetrading Scenario.JPG / V - Attached On 2022-01-07 13:01:08 UTC - Size: 66.2 KB - 133 views
[2022-01-07 18:09:17]
John - SC Support - Posts: 34565
1. Yes, there are a few options for this including "Move Targets to Price" and "Move Attached Stops to Price". Refer to the information on setting up the "Trade Menu" at this link:
Global Settings Menu: Customize Chart Trade Menu (Global Settings menu)

2. No, this does not exist inherently in the system, but you could create a trading program that would do this for you. Refer to the following:
Advanced Custom Study Interface and Language (ACSIL)

And also refer to the following list of developers:
List of Third Party Sierra Chart Study and System Programmers
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-09-29 15:57:45]
j4ytr4der_ - Posts: 934
I would very much like to use ACSIL to move all stops to a price, but haven't been able to figure out the function(s) to do so. Any pointers on what to be looking at?

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