Stop loss on pending limit orders?

TonXas

New member
Is it possible to place a limit order with a stop loss?

I know once my order is filled I can set one but didn't know if it was possible to just have the two orders connected under one order.
 
You can have one-triggers-other orders, or have one order trigger a one-cancels-other bracket, all kinds of stuff.

There are much better resources for learning these other than me rambling though.
 

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

@TonXas I have several such templates setup within Active Trader so that as soon as I place an order it automatically sets both a Limit order and Stop order, based on my personal criteria for that trade... I can then move them if desired... They are linked so that once one triggers the other disappears (OCO)... These can also be configured so you can Right-Click on your chart and place the same type of OCO... If you haven't research these and started using them you really should... The Learning Center has documentation as well as videos, plus they are very well covered on YouTube...
 

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
359 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top