HalfOco V1 Cheat Sheet

Three settings and you are trading. Everything else works out of the box.

• Instrument Preset - pick your market (NQ, MNQ, ES...). The point value fills itself.
• Position Size Mode - leave on Fixed Contracts and set Number of Contracts.
• Fee per Contract - enter your broker's round-turn commission so net P&L is accurate.

Then enter with one gesture. Point at the price where your stop belongs and press Ctrl+Left-click. HalfOco fires a market entry and attaches the stop in one step: long if you clicked below the current price, short if you clicked above it. That is the whole entry.

Prefer risk-based sizing? Switch Position Size Mode to Dynamic % Risk and HalfOco sizes each trade from your capital, your Risk %, and the distance to your stop: wider stop, fewer contracts; tighter stop, more.

HalfOco is driven from the chart. A few clicks and number keys manage the whole trade.

Gesture	What it does
Ctrl + Left-click	Enter at market with a stop at the clicked price (long if below price, short if above)
Shift + Left-click	Place or move your full take-profit
Alt + Left-click (profit side)	Place or move a half take-profit (scale out half at a target)
Alt + Left-click (stop side)	Merge every leg's stop into one master stop at the clicked price
1 / 2 / 3	Exit full / half / one-third of the position at market
+ / -	Increase / decrease the size used for the next entry
/	Toggle sizing: Fixed Contracts ↔ Dynamic % Risk
numpad *	Freeze the profit-lock trail for the current trade

Pyramiding is safe. Add to a winner with more Ctrl+click entries in the same direction. HalfOco keeps each leg's stop straight, and if you merge them it reconciles and books every leg correctly, so a partial stop-out can never leave an unaccounted position.

HalfOco draws what it is doing, live on the chart. There is no separate panel to watch.

• Live position metrics - your open P/L, current risk, the armed profit-lock floor, the distance to your scalp target, and prop-firm status update tick by tick beside the position.
• TradingView-style trade boxes - every closed trade leaves a clean result box on the chart: win or loss, entry and exit, net P&L after fees, and duration. Your whole session reads back at a glance.
• Stop and peak lines - each leg's stop and your locked-in profit peak are drawn where they sit, so you always see what is protecting the trade.

Once a trade is far enough in profit, HalfOco works to lock in a minimum result. If open profit ever falls back to the locked floor, it flattens for you. A winner can no longer bleed back to a scratch.

• Profit Lock Activation ($) - the open profit that arms the lock. Default 2000. Set 0 to turn Profit Lock off.
• Profit Lock ($) - the profit floor once armed, an absolute dollar amount (not a give-back). Default 1500.
• Profit Lock Trail? - Yes (default) ratchets the floor upward as profit grows; No holds it fixed.
• Profit Lock Trail Step ($) - how far the floor climbs each time it ratchets. Default 500.
• Scale Trail With Position Size - Yes (default) keeps the lock's per-contract meaning as you scale in.

Example. With Activation 2000 and Lock 1500: nothing happens until you are +$2,000. From that point on, Profit Lock works to flatten the trade rather than let it finish below +$1,500. With Trail on, every further $500 of profit lifts the floor another $500.

Profit Lock is a stop, not a promise. Like any stop, it can only act while Sierra Chart and your broker connection are live. A disconnect, a platform or broker outage, a fast gap through the level, or a prop-firm lock can stop it firing at the floor. It is built to reduce give-back, not to guarantee any outcome. Nothing here is financial advice; trading futures carries substantial risk of loss.

Point Scalp Mode

Auto-flattens the whole position the moment open profit reaches a fixed number of points, but only when the position is large enough. Built for big quick entries where you want the machine, not your nerves, to take the profit.

• Point Scalp Mode - on by default.
• Scalp Target (Points) - points of profit from the original entry that trigger the flatten. Default 12.
• Scalp Min Contracts - scalp only activates at or above this size; smaller positions trade normally. Default 5.

Risk guards

• SL Gate: Min SL (pts) - refuses an entry whose stop is closer than this, so a fat-finger stop tighter than the noise never gets placed. Default 10. 0 = off.
• MAE Auto-Exit (pts) - a hard backstop that flattens if the trade moves this many points against you, behind your normal stop. Default 15. 0 = off.

Prop-firm compliance

Guards that keep a single session inside your evaluation or funded-account rules. They act on new entries and session locks only, never on the protection of a position that is already open.

Prop Firm Mode	What it enforces
Off (default)	No compliance limits.
Eval	Contract cap (Eval Max Contracts, default 12) and an optional daily-loss lock.
Funded PA	Tier-based daily loss limit, profit cap and contract limits that scale as the account grows.

Overrides let you pin exact numbers: Daily Loss Limit Override, Daily Profit Cap Override, and Max Contracts Override (0 on each = automatic).

Mirror account

Set Mirror Trade Account to a second account name and every entry and exit is replicated there with the same size and timing. Typical use: trade an evaluation while mirroring into a funded account. Empty = off.

Everything you will find under Analysis → Studies → HalfOco V1 → Settings, with its default.

Sizing & instrument

Setting	Default	Meaning
Instrument Preset	NQ	Pick your market; the point value fills itself (or Manual for an unlisted one)
Position Size Mode	Fixed Contracts	Fixed Contracts, or Dynamic % Risk sized from capital and stop distance
Number of Contracts	1	Size used in Fixed mode
Risk % per Trade	0.5%	Percent of capital risked per trade in Dynamic mode
Fee per Contract ($)	0.00	Your broker's round-turn commission, for accurate net P&L
Current Account Capital ($)	50,000	Base for Dynamic % Risk sizing
Point Value ($/pt)	auto	Set automatically by the preset; edit only for a Manual market
Paper trading	No	Route orders to Sierra Chart's simulated account to rehearse without risk

Profit Lock

Setting	Default	Meaning
Profit Lock Activation ($)	2,000	Open profit that arms the lock (0 = off)
Profit Lock ($)	1,500	Profit floor once armed (absolute $)
Profit Lock Trail?	Yes	Ratchet the floor upward as profit grows
Profit Lock Trail Step ($)	500	Increment the floor climbs when trailing
Scale Trail With Position Size	Yes	Keep the lock's per-contract meaning as you scale in

Point Scalp & risk guards

Setting	Default	Meaning
Point Scalp Mode	Yes	Auto-flatten at a point target on large positions
Scalp Target (Points)	12	Points of profit that trigger the flatten
Scalp Min Contracts	5	Minimum size for scalp to activate
SL Gate: Min SL (pts)	10	Reject entries with a stop tighter than this (0 = off)
MAE Auto-Exit (pts)	15	Hard backstop: flatten this far against you (0 = off)

Prop-firm compliance

Setting	Default	Meaning
Prop Firm Mode	Off	Off / Eval / Funded PA compliance
Eval Max Contracts	12	Contract cap in Eval and Off modes
Daily Loss Limit Override ($)	0 (auto)	Pin your program's exact daily loss limit
Daily Profit Cap Override ($)	0 (auto)	Lock the session once realized P&L reaches this
Max Contracts Override	0 (auto)	Hard cap on total contracts

Account & display

Setting	Default	Meaning
Mirror Trade Account	empty	Replicate every entry and exit to a second account
P&L Card Offset (Ticks)	10	Spacing between the exit candle and the on-chart result box (cosmetic)

• Start on paper. Turn on Paper trading to rehearse the gestures with no risk; behaviour is otherwise identical.
• Fixed vs Dynamic. Fixed is the simplest start. Dynamic % Risk keeps your dollar risk constant as your stop distance changes.
• Profit Lock is the safety net, not the exit plan. Use your take-profit gestures to plan exits; the lock exists so a big winner can never fully round-trip.
• The guards are backstops. SL Gate and MAE Auto-Exit sit behind your normal stop for the times a stop is fat-fingered or the market runs.
• Prop-firm mode only limits new entries. It never interferes with the protection of a position that is already open.