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Date/Time: Sun, 24 Nov 2024 06:30:44 +0000



Trailing stop loss

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[2024-10-29 18:05:11]
User906368 - Posts: 5
I have two questions regarding a trailing stop loss:

1) is there a way to place two trades, one with a trailing stop loss and one with a fixed stop loss.

2) when placing a trailing stop loss sometimes I adjust it and make it tighter but the trailing only begins at the point where it was set.
For example if I have it set at 20 ticks and then adjust it to 10 ticks, it seems like it will only start trailing at 20 ticks not at 10 ticks. Is there anything to do about this?

Thanks in advance!
[2024-10-29 18:19:29]
John - SC Support - Posts: 36238
1. Yes, you can do this. You can also setup an initial set of attached orders such that you have two different Stops, one that is fixed and one that trails, as long as your order quantity can be broken into the two stops (i.e. you can not do this with a quantity of 1).

2. Refer to the information at the following link, note the reference to the setting for "Adjust Trail Offset When Modifying Trail Order":
Order Types: Trailing Stop
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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