Support Board
Date/Time: Tue, 04 Mar 2025 06:54:37 +0000
Add Target To Open Order
View Count: 1764
| [2021-06-18 18:43:54] |
| User969241 - Posts: 123 |
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If I have an open order and want to add a target that also cancels the current stop loss, how would I do that? I had a buy order on with a stop under the price. I added a sell stop above the price. It hit the sell stop BUT the stop loss remained open. If price went back down to the stop loss it would have initiated a naked sell order. I want the target I add to also cancel the stop loss if the target is reached. *I am aware on how to set this up prior the trade executing but I want to do it to an open trade. |
| [2021-06-18 20:27:25] |
| John - SC Support - Posts: 38341 |
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You would have to cancel the existing Stop Loss and then send the new OCO using this order type: Order Types: Send Attached Orders - Position/Price It is up to you as to the order in which you perform the steps. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2021-11-22 21:04:02] |
| Technical - Posts: 158 |
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Let me rehearse this to be sure I understand it correctly. If there is an open position with set/adjusted targets & stops (attached order) and I then decide I need to convert it to trailing stops: 1. I need to "cancel all" to clear all stops and targets. 2. I need to unselect "use attached orders". 3. I need to have or quickly define an identical order type with the appropriate quantities. 4. I then need to select that order type. 5. I need to left click to chart trade menu. 6. I need to select "Send attached orders..." and the readjust everything to my preferences. 7. I then need to remember to put it all back to normal for the next trade with attached orders. Is this correct? Is there a shortcut? Date Time Of Last Edit: 2021-11-23 15:59:48
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| [2021-11-23 14:59:41] |
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Why not just simply use Attached Orders from the very beginning. And also you can save different Trade Window configurations with Attached Orders predefined: Basic Trading and the Trade Window: Using and Changing Between Different Trade Window and Attached Orders Configurations And you would never need to do step 2 when you are later sending Attached Orders. We do not understand why you are making this complicated. 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 |
| [2021-11-23 16:35:43] |
| Technical - Posts: 158 |
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The point is, it is complicated. That is how the documentation reads. I don't see a more elegant way to do it. I am happy to be educated otherwise. Let me set the scenario. I always use attached orders. Generous fixed stop and targets. Once I put on a position, I routinely relocate the targets and stops to align with the market. My default "Use Attached Orders" is set to "stop: stop". I do not use trailing-stops as "attached orders" because trailing-stops are harder to adjust and problematic for a multi-hour long trade in a noisy market. If I am in a very long trade and have to step away, I want to convert my stops to trailing stops. That is the whole point - I want to be able to quickly convert my stops to trailing. Something like right click on a existing stop and selecting "trailing". I have tried to do that, falsely assuming an existing stop could be deleted and a right-click trailing stop created. Well, I don't have to tell you that doesn't work out as one might expect. It's a disaster. If I read your documentation correctly, I have to follow the steps above to purge all stops and targets and recreate them. I would love for it to be less complicated. Again, if there a short cut or fewer steps, let me know. |
| [2021-11-23 18:43:24] |
| ForgivingComputers.com - Posts: 1021 |
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You could use Trade Management By Study to trail the stops while you are away, and a simple ACS control bar button to disable it when you are back.
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| [2021-11-29 17:04:03] |
| Technical - Posts: 158 |
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bradh - I have that and the function is inconsistent. I have seen it work but trying it now - it is failing.
Date Time Of Last Edit: 2021-11-29 17:04:36
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