Support Board
Date/Time: Mon, 25 Nov 2024 15:01:38 +0000
How do I attach a stop loss order to a study?
View Count: 194
[2024-02-23 00:48:50] |
AmberNinja - Posts: 31 |
So I want to set a stop loss on every order that initiates from my study. I'd like to set it in cash amount so -$100 to -$1000. My study goes long and short depending on the market direction so I'm confused as to what order to use specifically. Please help. I've looked through the millions of order types but have no idea which one will work for this. Thanks. |
[2024-02-23 16:09:47] |
John - SC Support - Posts: 36244 |
In general, this is just a Stop order setup with a "Price Offset". Refer to the following: Order Types: Stop Attached Orders: Offset Values As to how you set this will depend on what study you are using. If you are having your Attached Orders picked up from how your Trade Window is setup, then just use the above for the Attached Order and you should be good. Use Simulation Mode to try out how the order works. Refer to the following: Trade Simulation 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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