Login Page - Create Account

Support Board


Date/Time: Wed, 01 May 2024 01:30:54 +0000



I have read all the support documentation and I still have question about an order type

View Count: 125

[2024-04-05 18:27:52]
User212833 - Posts: 10
Hello,

Ive read all the documentation but I still can not tell is this certain type of order is supported.

I would like a price target closing order that can chase the market price if blown through.

For instance, if I buy at 100 and set a sell limit order at 105 and the market blows through to 110...is there a way I can have that sell order chase the market price until it turns around and starts to tick back to a designated offset....like 3 points or something? (So, in my example, if the market goes strait to 110, and I have an offset of 3....then when it turns around the closing order I placed at 105 would trail up to 110, then when it ticks down to 107 it would close)

I researched limit chase orders, triggered trailing stops, etc and I can seem to get them to work.
[2024-04-08 19:22:59]
Sierra_Chart Engineering - Posts: 14160
You can create this as a custom ASCIL study to control an order. See this study as an example:
Attached Orders: Study Controlled Targets and Stops
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

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

Login

Login Page - Create Account