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Date/Time: Tue, 26 Nov 2024 04:14:36 +0000



how to create a trailing stop trading strategy?

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[2024-01-03 22:34:53]
Eli Bendi - Posts: 1
Im trying now the DOM and i would like to ask how is it possible to design such an automated trade entry where I place, in one click, on the DOM a 3 lots trade, the take profit of the first two lots is located 4 ticks above and the stop of the first two lots is located 4 ticks below - and then the last 1 lot take profit is at 10 ticks above and its stop is a trailing stop that jumps to breakeven+1 tick but then starts following (trailing) the price 3 ticks behind until it hits the 10tick target. Could someone help me do it in a click placement on the DOM??
Thanks a lot in advance.
[2024-01-04 15:31:40]
John - SC Support - Posts: 36286
The Trade Window configuration at the following link gives the general outline for what you are wanting to do. You will have to modify a little for the quantity of 3 that you are doing, but the general idea is in there:
Attached Orders: One Target with 2 Stops with Move to BreakEven on Target 1
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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