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Date/Time: Mon, 25 Nov 2024 12:40:46 +0000



limit orders stop loss and take profits

View Count: 729

[2024-02-16 15:19:14]
Taverasb550 - Posts: 10
hello how do i edit a trade that doesnt have a stop loss or take profit, how would i put a stop loss and take profit in a market order or limit order that didnt have one once placed ? is there a way to edit one in such as meta trader 4 and 5 ?
[2024-02-16 16:12:46]
User43 - Posts: 101
I don't know Meta Trader.
In SC when I already have a position, and want to add a Stop and Target I create an OCO Limit and Stop Order,
which you find in the drop down selection on the Trade Window main page, set your values for target and stop and submit the order.
Order Types: OCO Limit and Stop

If you initiated an order and it is not executed yet, I just delete it and create a new one with the attached order settings I'd like.
Attached Orders
[2024-02-16 18:58:04]
John - SC Support - Posts: 36238
Another option is the "Send Attached Orders - Position/Price". Refer to the following:
Order Types: Send Attached Orders - Position/Price
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-02-18 23:20:58]
Taverasb550 - Posts: 10
also am i able to trade different propfrims from the built in trade copier ? so like can i connect top step and apex to sierra chart trade copier and trade them at the same time ?
[2024-02-18 23:24:06]
Sierra_Chart Engineering - Posts: 17172
No.
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, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-02-18 23:46:54]
Taverasb550 - Posts: 10
is it possible to code our own trade copier into sierra chart. i know someone that was saying that trade copying was possible to different propfirms but with different instances
[2024-02-19 17:07:42]
John - SC Support - Posts: 36238
You would have to determine how best to do that. Have a look at ACSIL:
Automated Trading From an Advanced Custom Study

There is someone with a commercially available option for this for Sierra Chart, but we can never remember exactly who it is. If you search this Support Board, you should be able to find the reference to it.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-02-29 16:31:00]
Taverasb550 - Posts: 10
also going back to the orders and what not. i would like to set up my trading to where all orders are at the place where i took them and all stop losses at the place i took them. i dont want orders to come together. i am using limit order at the moment. please let me know if this makes sense.
[2024-02-29 17:49:29]
John - SC Support - Posts: 36238
We are not understanding this question.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-02-29 18:11:54]
Taverasb550 - Posts: 10
So in meta trader it would be a partial close. I guess here a partial close would be a position. So if I open two position how would I close one separately without closing both?
In addition the problem I am facing is once I open one trade at a certain price and then open another below it something happens. It appears that the trades merge and the stop loss isn’t where i respectively put it to be( the second trade causes this). In addition I am not sure if you are familiar with how trades work on meta trader ? On meta trader I am able to open a trade with its relative stop loss staying there, trades won’t merge. Example I’ll take trade on pair XYZ @1.000 then with stop loss @ 1.001 then I’ll take a second trade (an add on or increment) at 0.999 with stop loss at 1.000. In meta trader these trades will hold their relative entry and stops without merging. Sadly in sierra charts I noticed that my trades are merging. Hope this makes sense please let me know if you need further clarity Willing to further explain.
[2024-02-29 19:29:39]
John - SC Support - Posts: 36238
With regards to the single price for the position, this is how Sierra Chart works. You will only ever have a single position line. Refer to the following, which also includes options for how the average price is determined:
Trading Information Windows: How Average Price for Positions Is Calculated and Used

With regards to the Stop and Target, if you want to add to your existing position and have the existing Stop and Target increase in their quantity, rather than having new, separate Stop and Target, then you need to use the "Scale In" option. Refer to the following:
Attached Orders: Scaling In

Also be aware of the Scale Out option which is documented just above the Scaling In section.
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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