Support Board
Date/Time: Wed, 05 Feb 2025 01:09:48 +0000
Post From: Trade Management Question?
| [2020-02-15 19:26:33] |
| User839162 - Posts: 87 |
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Can you tell me if this type of trade management can be automated within Sierra? I'm entering with 2 contracts. First target is 10 ticks. Second target is 20 ticks. Stop 1 and 2 are set at -10 ticks. After target 1 has been hit is it possible to trail stop 2 1:1 to target 2 without exceeding my initial max risk of -10 ticks? Example - I enter at 50(price). Target 1 is at 60(price). Target 2 is at 70(price). Stop 1 and 2 are at 40(price). Target 1 gets hit at 60(price). Price then moves to 65. In this scenario my stop 2 would then move to 60(price). My stop 2 is now 1:1 (5 ticks) in relation to my target 2. Date Time Of Last Edit: 2020-02-15 22:02:16
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