Support Board
Date/Time: Fri, 29 Nov 2024 04:40:26 +0000
Need help setting up stop.
View Count: 467
| [2023-03-08 14:00:19] |
| User997435 - Posts: 2 |
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Hello, I've looked at the documentation about order types but I still can't set up the stop as I want. Can you please help me with the settings? This is what I'd like to have: 1) Initial stop: 40ticks 2) When price move +20 ticks -> Stop moves at BE +1 tick 3) When then price move to +40ticks -> Stop move to +40 ticks The point of this is having a trailing stop instead of a target so that if I catch a lot of volatility and it goes for example to +80 tick I can take advantage of some more profit instead of stopping at 40 ticks like if I put a target. Thank you very much in advance for the help. |
| [2023-03-08 16:07:24] |
| John - SC Support - Posts: 36350 |
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You should be able to do this by using the 2 steps for the Move to BreakEven. Set Step 1 to the following: - Type: Offset in Ticks Triggered - BE Level Offset: 1 - Trigger Offset: 20 Then set Step 2 to the following: - Type: Offset in Ticks Triggered - BE Level Offset: 0 - Trigger Offset: 40 Refer to the following: Attached Orders: Move to Breakeven for Stop For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2023-03-08 16:07:52
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| [2023-03-08 18:10:42] |
| User997435 - Posts: 2 |
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Awesome I'll try. Thank you very much for your help!
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