Support Board
Date/Time: Sat, 23 Nov 2024 11:33:35 +0000
Post From: Attached Orders Rules
| [2013-06-17 15:26:19] |
| tyler - Posts: 14 |
|
Hey guys, Currently the Attached Order Rules only support one target and one stop per group, and doesn't allow more than the parent quantity to be traded by attached orders. Why? This is a pretty strict rule that I think most traders should be responsible for, not the system. Using two stops as a group is a widely used system (1 trailing stop and 1 fixed stop that are a OCO group/bracket). Another use of stops is for an automatic reversal of the position, but because both of these strategies needs to use twice the full parent quantity, this is impossible with the current SC attached orders system. At first I thought that SC may be taking the position of "no trader should enter a position with a stop-loss order, therefore you MUST have a stop to keep your targets/limits in check" but that doesn't hold up because we're allowed to put in a target with no stop and vice versa. It would be very nice if traders had more freedom with the Attached Orders. Setting up any combination of stops and targets for whatever quantity we want doesn't seem like an unreasonable amount of responsibility for a trader to assume. As always, thanks for all you do. Sierra Charts is easily the best charting package available on the market today. |