Support Board
Date/Time: Sun, 16 Mar 2025 00:02:51 +0000
Trailing stop
View Count: 484
| [2022-08-02 21:11:21] |
| User357195 - Posts: 123 |
|
SC: If I trade all in and all out for ES, what is the best way to move a trailing stop up by 5 ticks after I have moved my stop to breakeven. For example, assume I get long the ES at 4100 and then the ES moves to 4102 and then at that point I manually move my stop up to breakeven and then if the ES moves up again then I want to move my trailing stop up by 5 ticks from the entry point. I have a keyboard trading shortcut set to move to breakeven when I have entered the trade and it goes in my direction and I hit the space bar. Then, assuming the ES does not hit that stop and instead continues to move up to 4104, I want to move my stop up now by 5 more ticks using a keyboard shortcut. Is there a way to set that keyboard shortcut to move my trailing stop up by five ticks every time I hit that Key combination, ie Ctrl M? Also, it would be a great feature to allow the trader to set the number of ticks that this method would use for moving up when hitting the keyboard shortcut combination that we used in this example, Ctrl M and 5 ticks. But, maybe for another symbol a trader may want to use CTRL M and 8 ticks. I think Sierra Charts are the best. |
| [2022-08-02 21:46:56] |
| John - SC Support - Posts: 38678 |
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The only option for moving an attached order up/down is by 1 tick at a time. The particular items are the following: - Target order Tick Up - Target Order Tick Down - Stop Order Tick Up - Stop Order Tick Down The other option would be to use a Trailing Stop attached order. Refer to the following: Order Types: Trailing Stop For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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