Support Board
Date/Time: Mon, 21 Apr 2025 23:45:03 +0000
Entry,Exit and Stop Loss
View Count: 210
| [2025-02-12 19:41:46] |
| Mitch1840 - Posts: 17 |
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Hi, Currently, If I enter buy 4 contracts with stop loss. When I add a Limit Sell order of 2 contracts my stop loss removes 2 contracts without prices hitting my limit sell order. In this case when my stoploss gets hit it will only stop me with 2 contracts and 2 contracts will be remaing open. How can I solve this issue where my stop loss only changes when my partial limit/sell/buy gets hit? |
| [2025-02-12 21:31:10] |
| John - SC Support - Posts: 39395 |
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Given what you state, we are not understanding the workflow, as your first order should not be changing with the entry of a Sell Limit order. Are you placing the Sell Limit below the current market price, such that this would immediately fill and reduce your Long position by 2, leaving you with a quantity of 2 for both the position and the attached orders for it? You would also then have the attached orders from that Limit order. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-02-19 21:08:43] |
| Mitch1840 - Posts: 17 |
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What is happening is following: 1. Enter long with 4 contracts 2. My stop loss will have 4 contracts, and target will have 4 contracts 3. When I want to take 2 contracts partial, I put the sell limit of 2 contacts above the current market price and below my original target of 4 contracts. 4. When I add the sell limit order above the market price my stop order quantity gets reduced by 2 contracts and target gets reduced by 2 contracts immediately without the sell limit (Partial) getting executed. 5. When I cancel the Sell Limit (Partial) Order of 2 contracts manually with out it getting executed my stop loss of 2 contracts stays 2 and my target of stays at 2 in this case when my stop loss gets executed I will still have 2 contracts in trade. What setting I do need to change so my stop loss and target only change when my partials gets executed by market price. ? Hope this explains it better. |
| [2025-02-20 01:44:33] |
| Sierra_Chart Engineering - Posts: 19290 |
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This makes no sense. It is not reproducible and we would never be able to reproduce this. We want you to test this in Trade Simulation Mode: Trade Simulation If you have no problem, we cannot help. It must be Rithmic specific. It is not something we can solve in that case. We recommend not using Scale Out with Rithmic. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-02-20 19:14:23] |
| Mitch1840 - Posts: 17 |
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See attached file its in SIM mode I entered 4 contracts longs and after that I put a 2 contract sell limit above the market price as a partial and then removed it you can see the stop quantity is 2 contract and target is 2 contracts and my entry is 4 contracts. |
 sierra.jpg / V - Attached On 2025-02-20 19:08:12 UTC - Size: 132.07 KB - 28 views Attachment Deleted. |
| [2025-02-21 05:52:18] |
| Sierra_Chart Engineering - Posts: 19290 |
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Go to Global Settings >> General Trade Settings, and set this to No: Perform Immediate Scale Out with Limit Order:No You must have made this yes. Good example, of these features that we add based on user requests are causing more problems and burden. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation 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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