Support Board
Date/Time: Tue, 26 Nov 2024 02:51:06 +0000
Automatic move to breakeven
View Count: 221
| [2024-01-11 00:21:48] |
| User449884 - Posts: 155 |
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Is it possible to have a stop move to break even automatically once we are in the trade and it moves a certain amount or point or ticks favorably?
Date Time Of Last Edit: 2024-01-11 00:22:12
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| [2024-01-11 16:31:05] |
| John - SC Support - Posts: 36286 |
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Yes, you would setup the Stop as a "Triggered Trailing Stop" and set the Trigger when you want it to start trailing. You can also use the "Move to BreakEven" with this, as long as the trigger for the Move to Breakeven is sooner than the trigger for the trailing. The following is an example setup of this: Attached Orders: Target with Move to Breakeven and Trail Stop Example 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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