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Date/Time: Fri, 20 Sep 2024 04:09:47 +0000



order - Buy Stop Limit

View Count: 1305

[2013-07-05 15:12:48]
fspisem1 - Posts: 12
Could you confirm which points are true and what is not true?


1)
When using a buy stop limit, the stop have to be ABOVE the current market price and limit can be LOWER than current market price.

2)
When using a buy stop limit both the stop and the stop limit price have to be ABOVE the current market price.

3)
When using a buy stop limit order it can be executed ONLY with specific limit price or LESS than specific limit price but NEVER HIGHER than specific limit price.

Thanks


[2013-07-05 19:33:42]
Sierra Chart Engineering - Posts: 104368
1, 2, 3. You need to contact your broker about these. These questions are there responsibility.

Please update Sierra Chart with Help >> Download Current Version. There was a problem where in the most recent versions Stop-Limit orders were sent as Stop-Market orders in the case of TransAct and Rithmic.


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

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