Support Board
Date/Time: Sat, 23 Nov 2024 02:13:04 +0000
Re Trading Orders
View Count: 168
| [2024-08-27 14:35:46] |
| User38606 - Posts: 106 |
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Hi, silly question but I am confused. I want to put 2 basic orders OCO. One for Stop Loss and one for Take Profit. Assume I buy USDJPY and being long. What orders (basic) are OCO to SELL USDJPY at a lower price (STOP LOSS) and SELL USDJPY at a higher PRICE (Take profit). You have orders I have not seen on other platforms. OCO LIMIT AND STOP ..OCO LIMIT AND STOP LIMIT. what is the basic order OCO for stop loss and take profit?
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| [2024-08-27 16:36:32] |
| John - SC Support - Posts: 36238 |
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You will want to enter the Stop Loss and Take Profit as Attached Orders. The Stop Loss will be a "Stop" order type and the Take Profit will be a "Limit" order type. Refer to the following: Attached Orders For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2024-09-16 15:06:12] |
| User38606 - Posts: 106 |
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Hi. May I ask please? Is there any chance to trail profit according to indicator on Sierra Chart via these orders? How do you do that? Thank you.
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| [2024-09-16 18:40:35] |
| John - SC Support - Posts: 36238 |
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You would need to use a Stop order type that is one of the "Trailing" types. Refer to the following: Order Types: Trailing Stop For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2024-09-17 14:23:56] |
| User38606 - Posts: 106 |
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yes, I understand it is 'trailing' type...but how can I indicate/ set for stop to trail according to moving average for instance? Where can I select the study according to which I want stop to trail the price? I did not find that anywhere in the documents. thank u for help
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| [2024-09-17 14:41:40] |
| John - SC Support - Posts: 36238 |
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To use some a study for where to move a Stop or Target to, use the "Trade Management by Study" study. Refer to the following: Attached Orders: Study Controlled Targets and Stops 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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