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Date/Time: Sat, 30 Nov 2024 04:42:44 +0000



[User Discussion] - Help with Order Automation

View Count: 290

[2022-12-23 20:41:10]
User275839 - Posts: 61
Hi -

I am trying to set up what I think should be a straightforward order configuration, but can't seem to get the behavior I want.

Here's what I'd like to do:

1) enter 2 positions at market, both with same stop loss, but with different profit targets = e.g. (entry price + x) and (entry price + 2x)

2) take profit on 1 position at initial target (entry price + x)

3) move stop loss for remaining position to first target level (which would be entry price + x)

4) leave profit target in place for remaining open position (i.e. entry price + 2x)

Thanks for any guidance you can provide!
[2022-12-23 21:25:33]
John - SC Support - Posts: 36350
The example at the following link sounds like what you want to do:
Attached Orders: 2 Targets and Common Stop with Move to Breakeven on First Target

The only difference is that you will nee to adjust the Move to Breakeven Offset to move the stop to the first Target level (so an offset of X).
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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