Support Board

Date/Time: Thu, 02 May 2024 07:42:27 +0000

Post From: Stop Loss Order Management for Multiple Entries: Moving Stop Loss to Break Even

[2019-08-07 09:51:38] Link To Thread - Link To Post [Go To First Post]
User882915 - Posts: 32
Dear Sierra Chart Support Team, I had already posted a support request on the same issue on 15th July; however, I received no response. So, I am hereby trying again (this time a bit shorter): Let's assume I scale into a position with for example two entries of one contract each(using a strategy with attached orders on both occasions), which results in an average entry price of X. Is there any way to have the management of the attached stop loss orders automated in a way that the stop losses of (in this case) both contracts will be moved to BE+1 after price moves e.g. +5 ticks from the AVERAGE entry price X, and BOTH stop losses are actually moved to a position of +1 tick from the AVERAGE entry price simultaneously (to X+1)? If so, can you maybe point me to a description in the Sierra Chart documentation where it is described how to do it? Should there currently be no way to do that, could you please consider implementing such a functionality for a future update? Thank you very much in advance for your effort and reply. Kind regards