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Date/Time: Wed, 23 Apr 2025 03:12:52 +0000



Global Profit/Loss Management

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[2024-12-15 00:13:31]
User303857 - Posts: 132
Is it possible to have the Global Profit/Loss Management set to trail the maximum peak balance daily?

Example starting account 20,000 it reaches 20,750 and you want it not drop below 20,500 .

Can you set the daily loss to trail the peak balance to close positions when
the balance drops by $250 from the peak?


While having the daily loss limit to say $300?
And that loss is reached and all positions are flattened , can it be reset again for that day or is non functional until the next trading day?

Thanks
[2024-12-15 01:26:44]
Sierra_Chart Engineering - Posts: 19307
There is definitely no further development we are doing with that feature. At some point it will probably get removed.

We will see about adding this to our order routing and server-based trade simulation services.
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: 2024-12-15 01:27:13
[2024-12-15 01:46:57]
User303857 - Posts: 132
Thanks....Trying to explore all of the options for risk management... other than just turning off the machine!
Date Time Of Last Edit: 2024-12-15 01:47:18

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