Support Board
Date/Time: Sun, 23 Feb 2025 19:13:20 +0000
Iceberg order available?
View Count: 5072
| [2015-07-21 14:56:36] |
| User38993 - Posts: 61 |
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Do you guys have a feature called "iceberg order?" This is for profit target. Let's say I go long 100 contracts of Crude Oil. Crude oil usually only has about 20 ~ 80 contracts at each price level. If I put a profit target of 10 ticks, then dom will show at least 3 digit number on profit target price. Instead of showing entire 100 contracts, is there a way to only show what I want to show? Let's say maximum of 50 contracts to show for target limit price. I am not sure if I explained clearly. Let me know! |
| [2015-07-21 18:55:40] |
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Yes we understand. And Sierra Chart does not support Iceberg orders. We think the CTS T4 system does if you use their trading software. Sierra Chart does support CTS: https://www.sierrachart.com/index.php?page=doc/CTS_T4.php#SetupInstructions However, the order will have to be entered from the T4 trading software. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2015-07-21 18:55:54
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| [2017-02-11 22:20:01] |
| Napoleon Dynamite - Posts: 54 Invalid SC Account Name. |
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Besides LIT orders, iceberg orders are also available at TradeStation and TWS (Interactive Brokers) and missing on SC. It would be nice to change this situation. Thanks in advance https://www.interactivebrokers.com/en/index.php?f=595 http://help.tradestation.com/09_01/tradestationhelp/ob/about_advanced_orders.htm ("Show only" orders) |
| [2019-02-11 23:22:31] |
| User106180 - Posts: 88 |
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+1. It would be great to be able to submit iceberg orders. Thanks.
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| [2019-02-13 05:01:42] |
| zippyzip - Posts: 293 |
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you explanation is very incorrect , an iceberg is = if there is 50 contracts at offer and 100 hit the offer 50 of them are iceberg , u cant place a iceberg order but only end up with one , and as far as platforms showing them , most are incorrect do to chart update timing so trade station and IB are incorrect numbers just to make you feel like you have the info , same as bookmap all garbage
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| [2019-02-13 05:09:00] |
| User106180 - Posts: 88 |
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you explanation is very incorrect , an iceberg is = if there is 50 contracts at offer and 100 hit the offer 50 of them are iceberg , u cant place a iceberg order but only end up with one , and as far as platforms showing them , most are incorrect do to chart update timing so trade station and IB are incorrect numbers just to make you feel like you have the info , same as bookmap all garbage
Thanks for the post User322949. I think this is semantics. What I’m talking about, using the example you provide, is to be able to submit 100 orders but break it up into 2 seperate orders of 50 (or however you wish to break it up - maybe 50 seperate orders of 2). I think others would find this functionality useful. |
| [2019-02-13 12:22:56] |
| zippyzip - Posts: 293 |
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u can do that now no problem
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| [2019-02-14 05:22:57] |
| User106180 - Posts: 88 |
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u can do that now no problem
I don’t think this is possible to do apart from using some trading system (either spreadsheet or ASCIL). You could manually submit all orders on the chart/DOM to replicate an ‘iceberg order’ but there is no way to: - specify total order size, - how many different orders you want the total order broken up in to, and - potentially the time between each order being submitted (either a constant time or variable time between two values). Date Time Of Last Edit: 2019-02-14 05:24:04
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| [2019-02-14 11:16:24] |
| User20450 - Posts: 330 |
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https://www.tradingtechnologies.com/help/x-trader/order-types/iceberg-orders/
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| [2019-02-17 23:55:40] |
| User106180 - Posts: 88 |
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Thanks User20450. This is what I was suggesting. Would Sierra be willing to add something like this? |
| [2021-02-17 01:12:29] |
| User795195 - Posts: 4 |
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SC Are there any plans to add the ability to create Iceberg orders? |
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