Login Page - Create Account

Support Board


Date/Time: Sun, 24 Nov 2024 09:53:39 +0000



Live Trailing Limit Loss

View Count: 205

[2024-06-12 20:23:02]
User643426 - Posts: 127
Does Sierra Chart have a Live Trailing Limit Loss function? I know they have a Daily Net Loss Management function under Global Profit/Loss Management where a Daily Net Limit Loss can be created, but I'm looking for a Live Trailing Limit loss based on a fixed dollar amount. For example, if that amount is set at -$200 and I make $500 and then proceed to lose $200 I would be locked out of trading. Is there a study or function that will do that for me? I know you can set a live trailing limit loss in R Trader Pro. Is there an app like R Trader Pro that can be used with Teton order routing? Thanks.
[2024-06-13 14:24:32]
John - SC Support - Posts: 36238
The "Global Profit/Loss Management" has this ability. In particular, refer to the following setting that sets the value after the trigger where it will flatten your position. For example, you would enter $500.00 for your trigger and then set this item to $300 for when to flatten:
Global Profit/Loss Management: Daily Net Profit Management >> Profit Value After Trigger To Flatten Positions
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-06-14 12:42:40]
User643426 - Posts: 127
I have a Custom Study someone gave me and was wondering how I can look at the Source code. I want to learn how to develop my own custom studies. If I'm not able to look at the source code for proprietary reasons are there free custom studies in Sierra where I could look at the Source Code? Thank you.
[2024-06-14 15:42:02]
John - SC Support - Posts: 36238
If you do not have the original source code (.cpp file) then you can not see the code. You could ask the developer if they have the code for this.

Most of the Sierra Chart studies are developed with our ACSIL interface and all of that information is available in the 'ACS_Source' folder under your main Sierra Chart installation folder. There are also other examples in there. Refer to the following:
How to Build an Advanced Custom Study from Source Code
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account