Support Board
Date/Time: Mon, 25 Nov 2024 06:57:14 +0000
[Programming Help] - How to setup custom bracket/OCO order?
View Count: 2758
| [2016-12-08 15:44:38] |
| Maurice - Posts: 7 |
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Hi, I recently started using Sierrachart and I've read a lot of documentation on the site. However, I'm still having a hard time configuring a custom bracket/OCO order strategy, and I wonder if it's even possible with Sierrachart. What I want is this: When I enter for example a buy limit order @ 2250 (ES example), I want the following to automatically happen (attach): - full stop @ -6 ticks from entry price. - first 50% profit target @ +3 ticks from entry price. - when first 50% profit target is reached, move full stop from -6 ticks to -3 ticks from entry price. - second 50% profit target @ +5 ticks from entry price. Then I want to be able to SAVE this configuration, so I can use it every day. Any help would be highly appreciated. Thanks, Maurice |
| [2016-12-09 10:47:48] |
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Use the attached Trade Window Configuration file. Here are instructions to use this: Basic Trading and the Trade Window: Using a Trade Window Configuration File Provided to You You can rename this file to whatever you want. Just make sure the file extension remains the same. 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 Date Time Of Last Edit: 2016-12-09 10:48:21
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 UserConfiguration20161209.twconfig - Attached On 2016-12-09 10:47:15 UTC - Size: 6.18 KB - 772 views |
| [2016-12-09 17:25:48] |
| Maurice - Posts: 7 |
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Hi, thanks for the reply. I did that and I'm a bit further now. What's left is this: How to automatically move my full stop from -6 ticks (initial value) to -3 ticks from entry price when the first target is reached? Is there a video or so that shows how to configure 2 or 3 tier exit strategies? Regards, Maurice Date Time Of Last Edit: 2016-12-09 17:26:13
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| [2016-12-09 18:19:21] |
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The Trade Window Configuration file we provided does do this currently: How to automatically move my full stop from -6 ticks (initial value) to -3 ticks from entry price when the first target is reached? Here is a video which may help: https://www.sierrachart.com/Videos/SierraChartAttachedOrdersDemo.wmv 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 Date Time Of Last Edit: 2016-12-09 18:19:47
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| [2016-12-12 16:29:56] |
| Maurice - Posts: 7 |
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That was exactly what I was looking for. Perfect. Thanks!
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| [2016-12-12 16:33:41] |
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There is no need to say thank you.
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 |
| [2024-03-22 04:29:00] |
| Dunerunner - Posts: 2 |
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I know this is an old post, but I am looking for a custom bracket. I am doing a lot of ATR Reversion Trades (using a 5 min Wilders Moving Average with a length of 14) and would like a bracket that automatically calculates my Stop and Take Profit brackets For Long Trades Target Limit @ (Entry Price + 80% ATR) Enter Long Price Stop @ (Entry Price - 120% ATR) For Short Trades Stop @ (Entry Price + 120% ATR) Enter Short Price Target Limit @ (Entry Price - 80% ATR) Is there any way to accomplish this? Thanks in advance |
| [2024-03-22 14:28:35] |
| John - SC Support - Posts: 36238 |
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In order to get the Target and Stop to a level defined by a study, you would use the "Trade Management by Study" study. Refer to the following: Attached Orders: Study Controlled Targets and Stops You would need two copies, one for the Target and one for the Stop. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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