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Date/Time: Sun, 08 Sep 2024 00:30:30 +0000



Set position to flatten automatically when open profit reaches a given level

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[2024-07-13 01:12:18]
Rich_B - Posts: 31
As per the title ... is it possible to set a position to flatten once the open profit on that trade reaches a pre-defined threshold?

For example ... when the profit reaches £1,000 GBP the position will flatten.

Ideally I would do this without using spreadsheets. I usually use the Trading System Based on Alert Condition Study.

Thanks
[2024-07-13 18:35:31]
Sierra_Chart Engineering - Posts: 16292
You can do this with this functionality:
Server Based Profit/Loss Management

However, let us know who your futures broker is.
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
[2024-07-13 18:42:50]
Rich_B - Posts: 31
Thank you for your response.

My futures broker is Advantage Futures.
[2024-07-13 18:45:05]
Sierra_Chart Engineering - Posts: 16292
Is your account direct with Advantage and there is no other introducing broker?

If so we will contact them to enable the functionality.
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
Date Time Of Last Edit: 2024-07-13 18:45:11

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