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Date/Time: Fri, 29 Mar 2024 06:38:34 +0000



[Programming Help] - "Limit Pullback-Order"

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[2019-08-18 13:56:01]
User354816 - Posts: 21
Hello,

i would like to enter an order type for my trading setup that i still know from the "Stereotrader" add-on for the MT4/5.
This order is suitable e.g. if I want to enter a pullback in the best possible way.
For a short trade, a synthetic order (client) should be placed above the current price. If this price is triggered, then a SELL-Stop order should be placed and trailed by x-Ticks automatically. When the price returns, the sell-stop order is executed. The whole then vice versa for a long-trade.
Is there any way to do this? If not, i would like to please you to develop such an order.

Thank you very much !
Hauke
[2019-08-19 00:33:07]
Sierra Chart Engineering - Posts: 104368
Sierra Chart does have a Triggered Stop order type but it is not yet documented. We will do that tomorrow.

But it does not support any trailing or chase functionality. We will see about adding one that will trail the market.
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
[2019-08-19 15:40:01]
bradh - Posts: 846
I am working on a triggered limit chase order for another client. Sent you a PM.

Brad

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