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Date/Time: Mon, 16 Sep 2024 19:08:39 +0000



STOP & REVERSE STRATEGY

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[2014-07-02 16:35:49]
kinkeadfx - Posts: 3
Can you build a strategy to where when you turn it on it does this: It starts out as an OCO order but has to move up say 10 price ticks to buy or move down 10 ticks to sell, After one of the orders are filled a trailing stop or a stop can be placed, but instead of closing the position when it is triggered i want it to reverse the position and continue to stay in the market.
[2014-07-02 16:38:21]
Sierra Chart Engineering - Posts: 104368
Yes you can do this. But this would require custom programming. We recommend using the ACSIL trading functions:
http://www.sierrachart.com/index.php?l=doc/doc_ACSILTrading.html
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
Date Time Of Last Edit: 2014-07-02 16:39:17
[2014-07-02 21:21:08]
kinkeadfx - Posts: 3
I am new to coding and know very little. Could someone please code this so that i have something to learn and build from.

Any help would be appreciative!

Thanks!
[2014-07-06 09:36:09]
Sierra Chart Engineering - Posts: 104368
We first recommend using the OCO Buy Stop and Sell Stop Order type:
https://www.sierrachart.com/index.php?page=doc/doc_OrderTypes.html#OCOBuyStopSellStop

You will want to use Attached Orders with it to attach a Trailing Stop:
https://www.sierrachart.com/index.php?page=doc/doc_AttachedOrders.html#Introduction

This will get you started. The reversal is something that would have to be handled as a custom trading study and that is outside the scope of our support to help with. Please understand, we do not have the time to be programming customer requests. Our time to spend developing the Sierra Chart software itself.
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
Date Time Of Last Edit: 2014-07-06 09:36:18

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