Support Board
Date/Time: Fri, 18 Apr 2025 04:49:09 +0000
Post From: A trailing short or long position strategy trigger
| [2025-03-26 20:46:55] |
| John - SC Support - Posts: 39353 |
|
From everything you state, the Triggered Trail Stop Limit should work for what you want. The setup for this would be the following: - Set the Trigger to be at the price above the current market price where you want the trailing to start. - Set the Stop price to be at the distance away from the Market Price at which you want the order to trail (you mention 2 ticks, so put it 2 ticks away from the current market price (we recommend testing with a farther entry so you can actually view what is occurring without fear of a small pullback causing the order to fill). - On the "Set" tab of the "Trade Window" are items for "Stop-Limit Order Limit Offset". Enter the "Primary Order" to the value that you want the actual Limit order to be from the Stop. Then select the "Sell" button to place the order where you want it. Test this out in Simulation Mode to get a feel for how to works and then you can expand from there. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |