Support Board
Date/Time: Wed, 27 Nov 2024 13:05:29 +0000
Order Scaling
View Count: 333
| [2023-08-08 17:32:31] |
| tjgig - Posts: 1 |
|
I could be wrong, or just missing an option somewhere, but here is my issue: I like to scale into winners at certain levels. What I would like to do is scale into winners (i.e. ES - I first buy at 4565 and buy more at 4590) I would like the 4590 to be the first order that gets executed when covering instead of the 4565 - Executing 4565 first will bring my average up, where as if i executed a cover on the 4590 my average would be much lower. It seems everytime I bring a child order up to execute - i.e a child order of a 10pt cover of 4590) it always uses my 4565 price and ups my average near the price where I added at 4590. I would rather cover my 4590 position first and let the original 4565 position ride. I hope this makes sense. EOD I just want my winner adds to execute before my previous buys that were lower. |
| [2023-08-08 20:28:01] |
| John - SC Support - Posts: 36309 |
|
You would need to choose an "Open Position Average Price" option that works best for you. Refer to the following: Chart Settings: Open Position Average Price (Chart >> Chart Settings >> Trading menu) Just keep in mind that the order in which Orders fill does not matter in the end, as it is all just addition and subtraction. 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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