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Date/Time: Wed, 27 Nov 2024 14:34:07 +0000



Triggered Step Trailing Stop Limit

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[2014-09-11 16:54:14]
User28317 - Posts: 149
I'm trying to use this order but the instructions on the website aren't very clear.

Let's suppose that I want to execute an order with a 6 tick stop that when the price moves to a 5 tick profit, goes to a 1 tick profit and becomes a limit, and so on: when the price gose to a 10 tick profit, the limit moves to a 6 tick profit, etc...
What should I do?

If my understanding is correct, I should go to the Set tab > Stop-Limit Order Limit Offset > 5. Then Target > Type:Stop:Trig. Step Trail Stop Limit > Stop Offset: 6 / Trig. Offset: 5 / Trail Offset: 4

Is it right?


[2014-09-13 01:59:11]
Sierra Chart Engineering - Posts: 104368
Refer to the attached image for how you should configure the Stop.

This should be what you want.

The Stop-Limit Order Limit Offset is not relevant to the movement of the stop. Refer to the documentation here for this:
https://www.sierrachart.com/index.php?page=doc/doc_TradeWindow.html#StopLimitOrderLimitOffset
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, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
image2014-09-13_135811.png / V - Attached On 2014-09-13 01:59:08 UTC - Size: 5.96 KB - 535 views

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