Support Board
Date/Time: Sat, 04 Jan 2025 07:34:31 +0000
Initiate auto trailing stop loss
View Count: 1135
| [2016-06-01 17:46:57] |
| Crudeoilist - Posts: 18 |
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Dear Sir/Ma'am, In a spreadsheet system for automated trading, is it possible to initiate a trailing stop loss? I already have a spreadsheet system that is working well with entries but the exit strategy needs a trailing stop loss. For example if I bought at 40.00 I would like the trailing stop loss to initiate at 40.01 and follow the price 1 cent behind. So if the price goes to 40.10, the stop loss should follow at 40.09 so if price backs down the stop loss gets triggered. Would this fall under ACSIL or something more complicated? Thanks in advance. |
| [2016-06-01 17:58:10] |
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This can be done by using Attached Orders: https://www.sierrachart.com/index.php?page=doc/doc_SystemsAlerts.php#UsingManualOrAttachedOrdersExits Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2016-06-01 18:24:02] |
| Crudeoilist - Posts: 18 |
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Thank you very much for the very quick response. I was not expecting such a fast reply. I will try this.
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