Support Board
Date/Time: Sun, 16 Mar 2025 12:25:41 +0000
Dynamic stop that fixes max loss at a set price?
View Count: 500
| [2022-08-19 15:21:53] |
| JBTFD - Posts: 35 |
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Hello! Is it possible on SC to have a stop built into my trade that stays fixed at a set amount regardless of how many contracts I've bought? For example, if trading /ES and I have a max stop of $800. I buy in 1, the stop will automatically be placed 16 pts below entry. I buy another lot somewhere else, the stop is now 2 lots and moves so that the max loss if triggered is $800. I buy a 3rd lot, the stop now has 3 lots in it and moves again on the DOM so that the max loss remains at $800. I can keep going until the stop gets triggered, but the max loss must always be $800. Thanks! |
| [2022-08-22 15:16:45] |
| Sierra_Chart Engineering - Posts: 18797 |
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No, this is not supported. The closest that is available though is Global Settings >>Global Profit/Loss Management. 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, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2022-08-22 15:17:05
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| [2022-08-22 19:04:01] |
| JBTFD - Posts: 35 |
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Thanks - I looked into that setting. Is there a way for it to stop out at $800 but then let me trade again immediately after, and it stops me out again should a trade hit $800 loss again? From what I understand, once it triggers the 800 max loss it blocks trading for x period of time, and then we must manually re-enable the global profit/loss management? |
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