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Date/Time: Sat, 11 Jan 2025 14:52:24 +0000



Trade strategy documentation

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[2016-12-11 04:55:28]
Willson - Posts: 176
I sure wish that someone would share how to setup Trade configurations for useful trade management. SC has the most sophistacted Trade Management in the industry and I bet the fewest users who can set it up. The documentation is factual but requires a genius to apply it to typical situations.
My latest wish is to find a way to enter a buy or sell at a specific number of ticks above or below the market to capture breakouts in either direction. I have no clue how to do this. I have many other ideas for order entry and exit that I can never never test because I can't spend hours trying to decipher instructions that assume I am already an expert.
A simple illustrated guide based on configurations found useful would be so helpful.
Regards
[2016-12-11 05:50:15]
Sierra Chart Engineering - Posts: 104368
This is actually very easy. You will want to use the Buy Stop Sell Stop order type which is documented here:
Order Types: OCO Buy Stop Sell Stop

Here is the documentation for using this type of order:
Chart Trading and the Chart DOM: Entering OCO Orders Which Use 2 Prices
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

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