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Date/Time: Tue, 26 Nov 2024 00:43:02 +0000



Post From: Auto place stop loss based on the low/high of last X candles

[2024-01-26 15:56:17]
John - SC Support - Posts: 36286
There is not a way to setup a Stop order to be 1 tick below the low of the last 5 bars when you are opening a position, but you can use the "Trade Management by Study" to have it move to that position fairly quickly after you put in the order. Refer to the following:
Attached Orders: Study Controlled Targets and Stops

In order to do what you are wanting with regards to the rest, there is no built-in support for this. You would have to create a custom study to do this. Refer to the following:
Automated Trading From an Advanced Custom Study

List of Third Party Sierra Chart Study and System Programmers
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing