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Date/Time: Fri, 28 Feb 2025 17:51:45 +0000



Post From: Can Orders Trigger Orders?

[2021-08-19 21:22:20]
silvereagle - Posts: 23
Can Orders Trigger Orders?

Forgive me if I missed the documentation.

Is it possible for an order to trigger another order upon target met? For example, say I *manually* place on the chart my first bracket limit order with a stop/target of 8 ticks. Is it possible that upon reaching the target of 8 ticks and taking profit, that Sierra can subsequently and *automatically* place another limit order at the current price with a different stop/target of say 5 ticks? And again, if I wanted to continue to scale into that position, could that second order upon its target met then trigger an additional third order with say stop/target of 3 ticks. Essentially, is it possible to "chain together" a series of orders enabling one to scale into a position, and if so, how would I go about accomplishing this? Thanks in advance for any answers as well as pointing me to any documentation I might have missed!