Login Page - Create Account

Support Board


Date/Time: Sun, 28 Apr 2024 03:57:38 +0000



Trailing stop / Breakeven

View Count: 84

[2024-03-13 22:55:51]
Hamza HILAL - Posts: 1
Hello,

I need some help

Could you please show me how I can set my stop as follows for a buy position (2 contracts) :

Stop for all = 12 T
Target 1 = 10 T
Target 2 = 40 T

If the market hits the first target (up 12 ticks) the stop moves to breakeven and it becomes a step trailing stop with a step amount of 6 ticks, and as long as the first target is not hit the stop shouldn't move and it starts to step trail from the entry price only when the first target is hit
[2024-03-14 14:39:49]
John - SC Support - Posts: 31159
What you are wanting is a combination of the examples given at the following link and the one below it:
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

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account