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trade order
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trade order

  #1 (permalink)
Trading for Fun
croatia
 
Futures Experience: Advanced
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trade order

I need help for a trade order .for.2 contract : one contract is executed and stop remains at 10 tick ... I want to move to the second stop 10 tick. means when you make a profit of 5 tick, the second stop immediately moved for 10 tick, to protect the profits if you can picture the DOM..thanks

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  #3 (permalink)
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Haifa Israel
 
Futures Experience: Beginner
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Hi Inverter,

If I understand correctly what you want is to move the second stop to Break even when price moves 5 ticks in your favor.
This short video shows how to do this:

2014-07-12_1347 - trade4bread's library

Also, this is documented here:

https://www.sierrachart.com/index.php?page=doc/doc_AttachedOrders.html#MoveBreakevenForStop
https://www.sierrachart.com/index.php?page=doc/doc_AttachedOrders.html

Make sure that it works exatcly like you want it to before you use it on a live account !

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  #4 (permalink)
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croatia
 
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t order

BE is that? this is my entry order price? , I'm trying to get what I want but do not go
the way I want

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  #5 (permalink)
Elite Member
Haifa Israel
 
Futures Experience: Beginner
Platform: sierra chart
Broker/Data: Optimus Trading Group/Rithmic
Favorite Futures: es
 
Posts: 90 since Apr 2012
Thanks: 49 given, 65 received


inverter View Post
BE is that? this is my entry order price? , I'm trying to get what I want but do not go
the way I want

Yes, BE = Break even = your average entry price.

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