Support Board
Date/Time: Tue, 11 Mar 2025 17:56:59 +0000
Stop Order Confusion
View Count: 478
| [2022-05-03 00:23:03] |
| Ankn - Posts: 11 |
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Which stop order accomplishes the following: I enter long, I want a stop order to be placed Y ticks above entry price after the position is UP X ticks. EX: Once position is up 20 ticks put a stop 9 ticks above breakeven. I would think this is simply a stop: triggered stop but its working in the opposite manner. |
| [2022-05-03 13:54:08] |
| John - SC Support - Posts: 38581 |
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A Triggered Stop will not work, as that is expecting the movement to be against you. You would just need to setup a standard stop and use the Move to Breakeven option, which will allow you to set a particular trigger offset and a breakeven offset. Refer to the information here: Attached Orders: Move to Breakeven for Stop For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-05-03 14:08:53] |
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Yes you would want to use the Move Stop to Breakeven functionality.
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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