Support Board
Date/Time: Sun, 24 Nov 2024 11:18:26 +0000
Post From: Attached Order question/problem
| [2013-10-21 10:38:10] |
| User30668 - Posts: 108 |
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Tobi_FX, I am glad I could help. Only things to be aware of is, if the stop gets hit before the "scale out order" is reached, to then cancle/delete the "scale out order".
Yes, you are absolutely correct about this. This way you will have to cancel that order manually. I assumed that you would want to scale out at the current price, placing your order on the bid / ask price in order to have it filled in that moment. However, if you want to manage your scaling out leaving pending Target orders you can set SC in order to have more than one Target order with all the orders working as a OCO group: https://www.sierrachart.com/index.php?l=doc/doc_AttachedOrders.html You can set it, for example, for an open position to have 2 attached Target orders with 1 Stop order (or more, if you need). This way you will be able to manage your partial scaling out through the separate Target orders and the Stop order quantity will be adjusted accordingly. Thus you won't have to worry with any pending orders if the Stop is hit. You will be able to move your Target and Stop orders for a different price if you need; just don't forget that this way (using predetermined OCO orders) you can't change the Target orders quantity to avoid having your initial problem again. Date Time Of Last Edit: 2013-10-21 10:41:56
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