Support Board
Date/Time: Wed, 27 Nov 2024 02:20:51 +0000
[Programming Help] - Trading DOM: Moving Stop to Break Even
View Count: 730
[2022-01-07 13:03:40] |
User963221 - Posts: 20 |
Scenario: I am in a trade using the DOM, I have an open long position, a 20 tick stop and no target order. Price has moved in my favor say 4 ticks, I want to close the position before it moves against me. (see attached screen shot where I captured this scenerio) Option 1: Drag my stop to current bid/ask and get filled (price may move many ticks while I get this done) Option 2: Hit Flatten (price may move and my fill may be bad) Option 3: Place a sell limit order (because I have attached orders turned on, I will end up with a DOM with other orders that have to be cancelled before they accidently get filled) Question 1: Is there a way to create a shortcut to move an order using a mouse click instead of click and drag on the DOM? Question 2: In my other platform there is an option to CANCEL all open orders when one order is filled, is this an option in Sierra Chart? |
trading Scenario.JPG / V - Attached On 2022-01-07 13:01:08 UTC - Size: 66.2 KB - 153 views |
[2022-01-07 18:09:17] |
John - SC Support - Posts: 36309 |
1. Yes, there are a few options for this including "Move Targets to Price" and "Move Attached Stops to Price". Refer to the information on setting up the "Trade Menu" at this link: Global Settings Menu: Customize Chart Trade Menu (Global Settings menu) 2. No, this does not exist inherently in the system, but you could create a trading program that would do this for you. Refer to the following: Advanced Custom Study Interface and Language (ACSIL) And also refer to the following list of developers: List of Third Party Sierra Chart Study and System Programmers For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2023-09-29 15:57:45] |
j4ytr4der_ - Posts: 938 |
I would very much like to use ACSIL to move all stops to a price, but haven't been able to figure out the function(s) to do so. Any pointers on what to be looking at?
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