Support Board

Date/Time: Wed, 27 Nov 2024 04:58:41 +0000

Post From: Trading DOM: Moving Stop to Break Even

[2022-01-07 13:03:40] Link To Thread - Link To Post [Go To First Post]
User963221 - Posts: 20
Scenario: I am in a trade using the DOM, I have an open long position, a 20 tick stop and no target order. Price has moved in my favor say 4 ticks, I want to close the position before it moves against me. (see attached screen shot where I captured this scenerio) Option 1: Drag my stop to current bid/ask and get filled (price may move many ticks while I get this done) Option 2: Hit Flatten (price may move and my fill may be bad) Option 3: Place a sell limit order (because I have attached orders turned on, I will end up with a DOM with other orders that have to be cancelled before they accidently get filled) Question 1: Is there a way to create a shortcut to move an order using a mouse click instead of click and drag on the DOM? Question 2: In my other platform there is an option to CANCEL all open orders when one order is filled, is this an option in Sierra Chart?


trading Scenario.JPG / V - Attached On 2022-01-07 13:01:08 UTC - Size: 66.2 KB - 154 views