Automatic stop-loss and profit target in sterling pro

Discussion in 'Automated Trading' started by black_trader, Dec 28, 2017.

  1. Is it possible to have sterling pro automatically place a stop and profit target immediately an order is placed. If not, how can this be achieved without any extensive programming?

    I'm familiar with Ninjatrader and i can simply do this with the in-built ATM strategy .
     
  2. tommcginnis

    tommcginnis

  3. Robert Morse

    Robert Morse Sponsor

    You can place two orders, then tag them as OCO. When one executes, the other will cancel.
    https://www.sterlingtradingtech.com/support-files/RoboHelp/Sterling_Trader_Pro.htm

    upload_2017-12-29_5-20-56.png
     
  4. Thanks... I guess there is no way to do that automatically? I just need a system to place a stop and profit target immediately i get into a trade.
     
  5. Robert Morse

    Robert Morse Sponsor

    We can do that with ReaLTick. What broker do you use?
     
  6. I'm with a prop firm that only uses sterling platform.
     
  7. Robert Morse

    Robert Morse Sponsor

    Then you will need to enter three orders or move you business.
     
  8. bozhkov

    bozhkov

    You can use Sterling Trader API for auto order placement. I can code that for you if inrerested