Support Board
Date/Time: Tue, 26 Nov 2024 02:40:39 +0000
stop loss
View Count: 150
| [2024-01-11 15:01:07] |
| User722245 - Posts: 24 |
|
Dear Team, I have a question. Usually I introduce an order limit (sell or buy) with a stop loss and a take profit. When my take profit is taken, the order limit disapear as well as the take profit. However, the stop loss is still in place (even the take profit is reached) and if the market goes to the opposite direction the stop loss is converted to a limit order exectuted in the wrong direction. Can you help me to introduce 1 order limit / 1 take profit / 1 stop loss and when the market reached either the take profit or the stop loss, everything is cancelled. Thank you for your attention. Regards, Alessandro D'Angelo |
| [2024-01-11 16:48:02] |
| John - SC Support - Posts: 36286 |
|
Are the Take Profit and Stop Loss being entered as Attached Orders with the primary order, or are these completely separate orders that you are entering? As separate orders, this is correct functioning, as there is nothing that ties these together such that when the TP is hit the SL is closed out. To do this, you need to enter the orders as Attached Orders so that they are part of an OCO (Order Cancels Order) group. Refer to the information here: Attached Orders 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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