Support Board
Date/Time: Thu, 31 Oct 2024 12:16:32 +0000
Post From: Multi Trailing Stop Setup
| [2024-09-16 17:08:46] |
| John - SC Support - Posts: 35639 |
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The built-in order types do not allow for different trailing amounts. So you can not do it with these. It could be done with the "Spreadsheet System for Trading" along with the "Trade Management by Study" where you are using the "Spreadsheet System for Trading" to establish the trailing position and the "Trade Management by Study" will adjust the Stop to that position. Note that you are only using the "Spreadsheet System for Trading" since it has the information for the "Last Entry Trade Date Time" within it - you will not actually use this study for trading. The tricky thing in this is that you will have to use the "Last Entry Trade Date Time" in order to capture the highest price for the bars from that time so that your trailing line does not move back down. Refer to the following: Spreadsheet Systems, Alerts and Automated Trading Trade Management by Study For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |