Support Board
Date/Time: Fri, 29 Nov 2024 08:31:24 +0000
Trade Window Attached Orders
View Count: 345
| [2023-02-19 21:16:14] |
| Ticks - Posts: 183 |
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Is it possible to create an attached order within the Trade window to set a profit target that will make up for a previous loss? Example. I have a $200 profit target and I take a loss of $100. With my next trade, the trade will stay open until the previous $100 loss is made up along with the $200 profit target goal. Simply the trade will stay open until $300 in total is made. |
| [2023-02-20 14:54:22] |
| Sierra_Chart Engineering - Posts: 17222 |
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No you have to adjust the Attached Order Target offset to what is specifically required. In the list on the top of the Targets tab, you can see the particular currency value of the offset that you have set.
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: 2023-02-20 14:54:46
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| [2023-02-20 15:20:46] |
| Ticks - Posts: 183 |
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Ok, Thanks. I was hoping there was an advanced setting that would enable an attached order to detect if the last trade was a loss. Since this feature does not currently exist. Can it be added as a feature request in the next SC release? This will be a big help when using fully automated trading and with(Trading System Based On alert Condition which I use). When you just don't have the time to make the manual calculations and then apply those new calculations to the attached order. Calculate the amount of the previous loss (in currency or ticks, etc), and add that amount to the total target. example: Previous lost:10 ticks Standard target: 40 ticks Total profit target ticks calculated by Attached Order:50 Ticks Date Time Of Last Edit: 2023-02-20 15:27:12
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