Login Page - Create Account

Support Board


Date/Time: Tue, 26 Nov 2024 10:36:50 +0000



Post From: Use of trailing stop

[2023-12-11 11:46:53]
iamLL - Posts: 4
Hello,
I've been using a lot trailing stop on some other platforms, and now I've switched to Sierra, I'm looking for a similar behavior when using them.
The typical use I have for them is for manually setting a trailing stop when price is very close to my target, so that I'm sure price is not gonna reverse on me (1st or 2nd TP as I usually have 2 TP for my positions).

The main issues I faced so far are:

1) To me, it's not possible to modify a working order (original OCO stop from my trade configuration) and trail price
2) When I want to add a trailing stop from the trade management window, I need to disable "use attached order" and put a price instead of an offset -> I don't know how to switch from price to offset as entering a defined price is really hard when price is moving fast
3) When my target is hit (or my trailing stop) for half of the opened position for example, the trailing stop (or the initial target) doesn't disappear which leads to full position to be closed if I don't quickly react to delete one or the other order

Are there any solutions to mitigate each of my issues to properly use trailing stop as I want?

Thanks in advance for your help.
Date Time Of Last Edit: 2023-12-11 11:51:19