Support Board
Date/Time: Wed, 27 Nov 2024 06:48:11 +0000
Trailing stop with limit order step
View Count: 364
| [2023-09-15 19:49:26] |
| KyriacoLoco - Posts: 8 |
|
Hi, I have been trying to figure this out for hours but I cannot. I am trying to create an attached order that will have a Stop order -30 ticks (T) and a profit of +60T. I would like stop to move to Break even when the market moves to +20T and from there to move step by step every 10T. E.g. If opened a position at 100 ( stop at 70 and profit target at 160) Market moves to 120 (stop moves at 100) Market moves to 130 (stop moves at 110) Market moves to 140 (stop moves at 120) Market moves to 150 (stop moves at 130) OR another scenario would be trailing to Break even until +30T from the target and then step by step every 10T (also 20T away from the target) I tried many variations, of stops but none of them does the above. |
| [2023-09-15 20:02:19] |
| John - SC Support - Posts: 36309 |
|
The attached image gives a setup that does what you want. Note that the Move to BE is superfluous, meaning that you can accomplish the same thing with just the Triggered Step Trail Stop itself. But we wanted to show you the available options. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
 TriggeredStepTrailStopWithBE.png / V - Attached On 2023-09-15 20:02:17 UTC - Size: 28.55 KB - 121 views |
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