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trade order


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trade order

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  #1 (permalink)
inverter
slovenia
 
 
Posts: 114 since May 2014
Thanks: 15 given, 36 received

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)
 yonatan 
Haifa Israel
 
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/AttachedOrders.html
https://www.sierrachart.com/index.php?page=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)
inverter
slovenia
 
 
Posts: 114 since May 2014
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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)
 yonatan 
Haifa Israel
 
Experience: Beginner
Platform: sierra chart
Broker: Optimus Trading Group/Rithmic
Trading: es
 
Posts: 90 since Apr 2012
Thanks: 49 given, 70 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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Last Updated on July 17, 2014


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