How to Create Bracket Orders on TradingView | Take Profit or Stop Loss Order

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  • Опубликовано: 21 июл 2024
  • TradingView (FREE 30 DAYS): www.tradingview.com/?aff_id=3...
    Today we’ll go through the entire process of creating a bracket order on TradingView. We’ll learn how to place it as a part of an opening trade as well as a position we already hold in the account.
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    A bracket order is the one of simplest forms of automation. It enables us the ability to set both a profit taking order and stop loss order, both of which are working to get us out if the stock ever hits the price we set. We’ll either get out at a preset profit, or we’ll get out if we lose a preset amount of money.
    Today we’ll go through the entire process of creating a bracket order on TradingView. We’ll learn how to place it as a part of an opening trade as well as a position we already hold in the account.
    Timestamps
    0:00 Intro to bracket orders
    0:30 TradingView free trial
    0:46 How to place bracket on new trade
    6:09 Cancel or modify bracket order
    8:00 How to place bracket on open position
    9:27 Outro
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Комментарии • 62

  • @shortthestrike
    @shortthestrike  Год назад

    TradingView (FREE TRIAL): www.tradingview.com/?aff_id=30508

  • @lorealdrayton6164
    @lorealdrayton6164 Год назад +4

    EXACTLY WHAT I NEEDED!!!...thank you. Love the way ticks, profits etc were explained....well thought tutorial!!!

  • @v-d145bg5
    @v-d145bg5 Год назад +7

    Great work but thats for paper trading (demo) if u connect ur broker like binance it doesnt show like this its different there is no stop loss or take profit I do all manually if sb know how to make it work like paper trading it would be awesome

    • @asadhaider4454
      @asadhaider4454 Год назад +1

      Same bro if you know about it please tell me

  • @Gee-Jay.Farmer
    @Gee-Jay.Farmer 2 месяца назад +2

    How do you set multiple Take Profits (TPs) with a single Stop Loss (SL) on a single currency pair (e.g. EUR/USD) ?

  • @aliciarenae12
    @aliciarenae12 Год назад +1

    Well explained. Thank you so much. It helped me a lot!!

  • @sgm2336
    @sgm2336 Год назад

    Awesome tutorials. Question, for crypto you don't need a broker, correct? what is the best broker for features? Also, are there keyshort cuts for adding tics in a limit order?

  • @reachkenw
    @reachkenw 11 месяцев назад

    Do you have a video where you discuss your broker and do you use data from the options chain before you place the order? How do you coordinate the two? Thank You!

  • @AlanV6
    @AlanV6 7 месяцев назад

    Thank you for your video. I have a quick question about how to set up mullite TP and keep trailing. Such as winning 50% TP and then keeping the trade trailing to the next TP. Thank you

  • @Paramiafiglia
    @Paramiafiglia Год назад

    really well done friend. Thanks so much great work.

  • @frandithgimenz5920
    @frandithgimenz5920 10 месяцев назад +2

    Is a bracket order what you used in Day Trading if not what is the term used for Daytrading. Trying to start practicing but don't know to perform a trade in daytrading in this platforms. Thanks, LOVE how calm and clear you explain and detail every step. I watch a number of vdo on how to papertrade and yours is the best

    • @VonNaya-cp7uc
      @VonNaya-cp7uc 2 дня назад

      I thinks it's when he chose day when he specified the time frame... and for day trading a whole day sounds too long so maybe it's the minutes or hour time frames that would have you jumping in and out the way day traders do

  • @nickboork
    @nickboork 9 месяцев назад

    Thanks very helpful. Say I want to buy 1000 shares of XZYY stock but would like to be able to take partial profits on the way up. Do you know of an easy way to do this on TradingView? Speed is critical buying and selling fast moving stocks that spike. Thanks again, Nick

  • @onionpeeler2023
    @onionpeeler2023 6 месяцев назад

    What do I do if the "Protect Position" option is not available? (for existing positions).

  • @erictlewis4889
    @erictlewis4889 7 месяцев назад

    Awesome thank you for your help

  • @sharronharris7985
    @sharronharris7985 3 месяца назад

    Thank you for making this video. I was hoping that this would actually address how to utilize the tick section for ask/bid. Can you address that in a future video? Thanks in advance. :)

  • @koyaaanisquatsi
    @koyaaanisquatsi Месяц назад

    thanks for the explaination. and what does % mean? on the platform it says that % is "a profit&loss as a percent of the account balance". However, my % of the total account balance number look different from my potential profit or loss, so I'm confused as to what that graph means

  • @MarliyahRichiee
    @MarliyahRichiee Год назад

    what do you do it if the "DAY" is not there (4:05)

  • @minemoney4us
    @minemoney4us Год назад

    @Shortthestrike, another great video bro.

  • @cesarsalas8265
    @cesarsalas8265 7 месяцев назад

    why doesent my tradingview have the drag and drop option for the sl or tp?

  • @gabakusa
    @gabakusa 9 месяцев назад +1

    how to use trailing stop loss tradingview?

  • @2000yearOldYogiAspirant
    @2000yearOldYogiAspirant 11 месяцев назад

    What about limit stop loss? Where we have a stop loss and a limit to how low we want to sell in case things go bad.. (price can go way below our stop loss and then bounce back for example).

  • @Ballahthevagabond
    @Ballahthevagabond 5 месяцев назад +1

    How to take partial profits in trading view?

  • @hotshottruckingtrainingcou9645
    @hotshottruckingtrainingcou9645 3 месяца назад +1

    How do we adjust the order value on chart to show in dollar amount (as in your video)? This is visible in paper trading but not when placing real trades on Trading View. Thanks!!

    • @_abbadoo_
      @_abbadoo_ Месяц назад

      Also curious what happened to this feature! The Display Bracket Order in $ or tick only works in paper trades; live just says 'buy limit' or 'sell limit' which is super inconvenient for quick math

  • @chirocafe
    @chirocafe Год назад +3

    Lovely video ... but somewhat with my Trial 30 days ... there is no PROTECT POSTION fuction? I'm using Interactive Brokers ... how do I remedy this situation ... so far I have to manually monitor OR place a far away order and then drag mouse to get the TP and SL around the limit price. Thank you.

    • @Romain_Da
      @Romain_Da 7 месяцев назад

      Hi Chirocafe, did you find the answer to your questions? (about the right click -> Protect position)

    • @user-kc3nf8ip8p
      @user-kc3nf8ip8p 5 месяцев назад

      Yo how’s your journey going so far I’m interested!!

  • @manojbhagchandani2334
    @manojbhagchandani2334 Год назад +1

    sir when i placebracket order and place buy sell and TARGET AT LIMIT PRICE BUT MY BUY ORDER IS PLACED AT MARKET PRICE IT GETS EXECUTED AS SOON AS I PLACE THE BRACKET ORDER WHY SO SIR

  • @DJ-un1ge
    @DJ-un1ge Год назад

    Hi, I thought TV is only for charts! or do you need to use a broker like Tradestation to trade?

    • @shortthestrike
      @shortthestrike  Год назад +2

      You can connect to a bunch of different brokers and place trades inside of TV

  • @elvinedmeade9846
    @elvinedmeade9846 Месяц назад

    Is there a way to do an order cancels another order?

  • @louiegonzalez2
    @louiegonzalez2 3 месяца назад

    Can I still have bracket orders with Tradovate connected ?

  • @DilipKumar-zi1du
    @DilipKumar-zi1du Год назад

    HI there,
    request to please make the same video on any currency pairs.

  • @fredrobson3151
    @fredrobson3151 7 месяцев назад

    It appears you can only add brackets to an existing paper trading order and not a live account.

  • @panasonicfighter
    @panasonicfighter 8 дней назад

    i really wish it would just highlight it green and read like the risk/reward drawing does it would be so much less visually annoying if that were the case

  • @zenveg
    @zenveg Год назад +4

    This doesn't work for scalping. I want to have auto stops added as simultaneously on every trade, long or short, at a preset amount. I can't seem to do this in TV, correct?

    • @priyamn8175
      @priyamn8175 5 месяцев назад +1

      Hey did u got any solution??

    • @jw-ft9nj
      @jw-ft9nj 3 месяца назад

      Plzzz someone let me know

    • @tyler4964
      @tyler4964 26 дней назад

      So obnoxious that that’s not an option. TradingView is terrible with certain things

  • @the_re_up
    @the_re_up 3 месяца назад

    Im not liking TV. On meta trader i can place multiple trades of the same symbol with individual entries/tp/sl
    In tradingview it seems when i add an additional position, it closes the initial one and adds it to the new one.
    For example i cant have x2 tps, x2 sls and x2 entries at once. It all amalgamates into one full position which is annoying because one your stopped out, thats it you’ve lost both. Even tho technically you may’ve initially wants your first positions sl to be further from your second position.

  • @7Earthsky
    @7Earthsky Месяц назад +2

    It's still really lame that you have to actually type the numbers in a box....You should just be able to right click anywhere on the chart and be given the option to autofill any box in the trading ticket.

  • @tcfc85
    @tcfc85 5 месяцев назад

    why the % setting doesnt show the correct number? when u adjust to 150 taking profit, it automatically goes to 0.04 (which is 4%). but a 4% profit of "141 is not 150, its $146.64. anybody knows this?
    the reason i ask is because i want to adjust my TP/SL on a % base, not price.

  • @dropzAK
    @dropzAK 11 месяцев назад +2

    why i cant move my stop lose up or down its stuck i need to create a new odder for this how i can move with the mouse ?

    • @brikeps5465
      @brikeps5465 4 месяца назад

      thats my same question. i am a scalper i need to modify my positions quick

    • @DiscoPlanets
      @DiscoPlanets 4 месяца назад

      Did U figure out guys?I can just move with the screen

    • @dropzAK
      @dropzAK 4 месяца назад

      i trading with binance so i need connect to binance and then move from there the stop lose or profit ...@@DiscoPlanets

    • @JosafathHerrera
      @JosafathHerrera 3 месяца назад

      Any new update? Seems you can’t with binance

    • @dropzAK
      @dropzAK 3 месяца назад

      yes i jumo to trade in bybit and there i have a opstion to put with mouse the stop and tp .@@JosafathHerrera

  • @Gugugaga_1_4all
    @Gugugaga_1_4all Год назад +2

    2:21 tht take profit and stop loss , they are not showing for me 🙁, i use dhan app ,in tradingview 🥺 please anyone ..

    • @Rush2338
      @Rush2338 Год назад +1

      You just have Buy Limit?

    • @TysonChenys
      @TysonChenys Год назад +1

      Hey did u find a solution? I don’t have these two option too

    • @queroirviagens
      @queroirviagens Год назад

      O Aldo dona nave no My pro tradview accont

  • @MartysSimRacingYT
    @MartysSimRacingYT 4 месяца назад

    Can you do mobile?

  • @user-do1bx8un6d
    @user-do1bx8un6d 8 месяцев назад +1

    why cant i drag the orders on my chart?

    • @DiscoPlanets
      @DiscoPlanets 4 месяца назад

      Did U figure out?when I wanna drag my orders nothings happening I can move just with the screen😢😮

  • @frandithgimenz5920
    @frandithgimenz5920 10 месяцев назад +1

    What about showing HOW TO DO DAYTRADING ?

  • @TerryHunter-zg2xl
    @TerryHunter-zg2xl 5 месяцев назад

    My profit never take profit trad get there only to come right back down