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Date/Time: Thu, 28 Nov 2024 10:47:49 +0000



Post From: TMBS with Study graph crossover

[2023-05-15 14:50:30]
John - SC Support - Posts: 36350
What you are trying to do is not how the "Trade Management by Study" works. The "Trade Management by Study" allows you to change the position of an existing Stop and/or Target to a different location based on the value of some other study.

In order for the "Trade Management by Study" to work, you would have your "Trading System - Study Graph Crossover" such that you have the "Trading Window" setup to include "Attached Orders" so they are placed with the initial order. Where you place these attached orders is not terribly important if you are going to control them with a "Trade Management by Study".

Ahead of placing the above order you would setup the "Trade Management by Study" to control either the Stop or Target (or a study for each). For example, maybe you want to have Stop that moves with the Volume Weighed Average Price, so you would have a study for the VWAP on the chart and the "Trade Management by Study" would reference the "VWAP" for the Stop, so the Stop will keep adjusting to the position of the VWAP.

All of this is covered in the documentation for the study here:
Attached Orders: Study Controlled Targets and Stops
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing