Support Board
Date/Time: Mon, 21 Apr 2025 23:30:21 +0000
Trade management by study behavior with multiple orders
View Count: 522
| [2023-02-16 18:03:05] |
| BenjFlame - Posts: 337 |
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When I set Trade management by study behavior with "stops" and "long Only" settings, and point to the study that is responsible for the value of the trail stop level, it works fine with 1 order: the stop is properly raised automatically. But if I (manually) place several orders... the subsequent orders' stop trails raising are ignored until the previous order has hit its stop. I really don't get the logic here. Why is it waiting for the previous order stop to be hit to manage subsequent orders? I set "Attached Order to Manage" to OCO group 1, which is also what is set on trade windows for what "Group". The intended behavior would be for all order stop levels to be raised whenever necessary, not just when the previous order has been exited. Or am I missing the point? |
| [2023-02-16 22:23:05] |
| John - SC Support - Posts: 39395 |
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As you state, you can only control one item within one OCO group. It sounds like when you enter the additional orders, the stops are entered as separate stops - that is to say, you are not Scaling In. As such, each stop would be part of its own OCO group and then the "Trade Management by Study" will not affect them. In the end, it sounds like what you want to do is use the Scale In option. When you do this, the additional attached orders are added to the existing orders. Since they are then a single attached order (one OCO group), the Trade Order by Management will move all of them. Refer to the following for more information: Attached Orders: Scaling In 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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