Support Board
Date/Time: Sun, 24 Nov 2024 11:18:28 +0000
Scale in/Scale out help
View Count: 241
| [2024-05-31 19:15:45] |
| VLiviu - Posts: 223 |
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Hello SC team Please help me with some some settings here, lets say I am in a LONG position and I wanna scale in another contract when trend is in my favor, what setting I do need to also have automatically an additional Stop Loss (sell stop limit) for the new contract, a few ticks under it. Thanks! PS I am using OCO orders, simple, one contract with 120T target and 40T Stop |
| [2024-05-31 20:16:20] |
| John - SC Support - Posts: 36238 |
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We are not sure what exactly you want to accomplish. If you want to have the new contract have its own attached orders associated with it, then you would need to ensure that "Scale In" IS NOT enabled. If you want to have the new contract use the existing attached orders and just have them increment their quantity up by 1, then you would need to ensure that "Scale In" IS enabled. Refer to the information for Scale In here: Attached Orders: Scaling In For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2024-05-31 21:20:13] |
| VLiviu - Posts: 223 |
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I always use "scale in enabled" but after scaling in, I manually also add a sell stop order under the new order, a few ticks underneath in case it's going against me so I wanted the "sell stop order" to be added automatically
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| [2024-06-03 13:38:53] |
| John - SC Support - Posts: 36238 |
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If you want the Targets to Scale In (i.e. add to the existing order) and then have a new Stop order placed in a different position from your existing Stop, then you would need to do what you are doing - use Scale In to get the Target set and not have a Stop order in the Attached orders at that time, then place the Stop separately.
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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