Support Board
Date/Time: Fri, 18 Apr 2025 04:17:28 +0000
Post From: A trailing short or long position strategy trigger
| [2025-03-25 21:35:08] |
| John - SC Support - Posts: 39353 |
|
Steps 1 and 2: Start with a "Triggered Tailing Stop Limit". Refer to the following: Order Types: Triggered Trailing Stop Step 3: Add the Attached Orders you want as usual. Refer to the following: Attached Orders Step 4: This doesn't make sense. You cannot have a "Trailing" take profit, as this implies that the Take Profit will always keep moving ahead of the price and therefore will never be hit. You can setup a Trailing Stop for the Stop Attached order. You need to have some mechanism for stopping the movement of the Take Profit order. You might want to look at the "Trade Management by Study" study. You might be able to set this up to do what you want, particularly in combination with a Spreadsheet Study. Refer to the following: 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 |