Support Board
Date/Time: Tue, 11 Mar 2025 17:08:39 +0000
Post From: Question about stop management
| [2022-04-18 17:39:45] |
| John - SC Support - Posts: 38580 |
|
We assume you mean MFE (Maximum Favorable Excursion) rather than MAE (Maximum Adverse Excursion), as a move to BreakEven with an MAE would close your position. We believe that what you are wanting would be the Triggered Trailing Stop order type for this. You would then setup the Trigger at 5 points and have the offset by 5 points, which would give you the initial move to breakeven and then the trailing functionality after that. Refer to the following: Order Types: Triggered Trailing Stop For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |