Support Board
Date/Time: Sat, 08 Feb 2025 23:56:15 +0000
[User Discussion] - Stop order for Bitmex
View Count: 772
| [2020-02-04 11:42:36] |
| User522384 - Posts: 4 |
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Hello! What settings need to be made so that a stop order only closes a position? Please help me figure it out.
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| [2020-02-04 18:55:54] |
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Have a look at the order execution instructions here: https://www.sierrachart.com/index.php?page=doc/BitMEX_Trading.php#SettingOrderExecutionInstructions 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 |
| [2020-02-04 19:12:26] |
| User522384 - Posts: 4 |
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ReduceOnly for Stop Attached Orders - this item is marked True, but stop order can still open a position.
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| [2020-08-01 10:20:32] |
| User522384 - Posts: 4 |
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I trade on the Bitmtex exchange and always place several stop orders nearby. This is necessary for safety reasons, since on Bitmex, during a strong movement, the stop order can simply be canceled. Each stop order is equal to the size of an open position. And when one of them triggered, the rest are simply canceled. In Sierra, I can't do the same - when I place several stop orders and one of them is triggered, the rest start to open a position. In the settings, the option "Specify ReduceOnly for Stop Attached Orders" is set True. Please explain to me how to set up Sierra so that stop orders work like in the example with Bitmex that I gave above.
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