Support Board
Date/Time: Wed, 12 Feb 2025 14:58:06 +0000
Post From: Help With DOM Configuration
| [2020-10-21 20:42:19] |
| User363178 - Posts: 1 |
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Last week I began my annual subscription to Sierre Chart. I must admit it is the most thorough charting service I have ever used and am very happy with all I have learned. My question involves a very specific use of your DOM. Here's what I am trying to accomplish but just can't seem to get it to cooperate and was hoping someone could direct me with specific steps. I'll use the following example, so that you understand. Imagine that I open a long trade in the Emini ENQZ20 December contract at 11700 with 20 contracts. I would like to set a 20 point protective sell stop for all 20 contracts at 11680, or 20 points below my entry, easy enough, so far. I want to set a sell stop for 10 contracts at 11705, but only if, and when, the price reaches 11706.25. Following that, whether stopped out of 10 contracts or not, I would like to raise my 20 point protective sell stop to my entry price plus 1 or 11701. On the remaining 10 contracts (presuming 10 were stopped out at 11705, I would like to set a second sell stop for the remaining 3 contracts at 11710, triggered when the price reaches 11,711.25. If neither sell stop is hit, I would like to be able to manually manage the trade for exit. This template should work whether I'm long or short from any given entry price. I want to be able to enter at the Market and all these triggers and stops be automatically entered when I enter the trade. Does anyone know or can suggest a way to configure this in the Sierra Chart DOM? I did not see any 3rd party support vendors specializing in DOM setups on Sierra's support list. If another user can recommend one or knows how to configure such a template please let me know. Thank you. Warm regards from sunny Florida, Perry Date Time Of Last Edit: 2020-10-22 08:04:22
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