Support Board
Date/Time: Mon, 17 Mar 2025 01:57:58 +0000
Post From: Problem with “Move stop to Break-Even” when using “Use Theoretical Position Average Price”
| [2022-05-31 17:41:08] |
| Rui S - Posts: 198 |
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Hello John, Thank you for your reply. It is quite easy to reproduce this issue. It happens with manual BE, auto BE, and with or without offset. It also happens with real and/or simulated accounts. To make the test, set the option “Use Theoretical Position Average Price”, as well as "Support Scale In / Scale Out". Also set an attached stop order. For this testing effect, it is convenient that the stop order is far from the entry price, otherwise you can be stopped out before finishing the test. Then, open a position and start scaling in and scaling out several times (5, 10 times) at different prices, but never closing the position. The further away from the initial entry price you scale in / out, the more you will see the issue. Once you have your position with a profit after all the scaling in/out, just hit the BE button and you will see that the stop order won't be where it should be - at the Position BE Price. You can also try with the auto BE but the outcome will be the same. Believe me, I have been around this problem for a long time now. I have tried every single setting I thought that could be related with it. Unfortunately, the only solution I have found is to do it manually, which is a shame and a waist of the excellent resources of Sierra. Please do your best and try to find a solution for it to work well. Thank you. |