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Date/Time: Fri, 10 Jan 2025 20:17:54 +0000



Limit turning into a market order

View Count: 1071

[2016-06-27 14:12:53]
User638756 - Posts: 52
Placed a limit order on the SIM @ 3.00 and it filled at 3.11.
[2016-06-27 17:01:15]
Sierra Chart Engineering - Posts: 104368
Refer to:
https://www.sierrachart.com/index.php?page=doc/doc_TradeSimulation.php#HowOrdersAreFilled
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:
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[2016-06-28 14:40:46]
User638756 - Posts: 52
"Placed a limit order on the SIM @ 3.00 and it filled at 3.11."

I should have said...

Placed a buy limit order on the SIM @ 3.00 and it filled at 3.11.

From "How Orders are Filled"...... "A Buy Limit order will only be filled when the Ask price is equal to or less than the limit price. And it will be filled at the Ask price when this condition is met.

A Sell Limit order will only be filled when the Bid price is equal to or greater than the limit price. And it will be filled at the Bid price when this condition is met."

Thanks
[2016-06-28 16:51:37]
Sierra Chart Engineering - Posts: 104368
Provide us the line in the Trade Activity Log where the Activity Type says "Fill" for this particular order. Here are instructions:
https://www.sierrachart.com/index.php?page=doc/doc_TradeActivityLog.php#TradeActivityLogToSupport
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
[2016-07-05 13:53:18]
User638756 - Posts: 52
ActivityType  DateTime  Symbol  OrderActionSource  InternalOrderID  ServiceOrderID  OrderType  Quantity  BuySell  Price  Price2  OrderStatus  FillPrice  FilledQuantity  TradeAccount  OpenClose  ParentInternalOrderID  PositionQuantity  FillExecutionServiceID
Fill  2016-07-05 08:33:45.625  [Sim]LBIX  Trade simulation fill. Bid: 2.16 Ask: 2.22 Last: 2.26  31105  31105  Stop  33  Buy  2.23    Filled  2.27  33  Sim1  Open    33  31105.234
Fill  2016-07-05 08:33:45.635  [Sim]LBIX  Trade simulation fill. Bid: 2.16 Ask: 2.32 Last: 2.26  31111  31111  Stop  34  Buy  2.23    Filled  2.32  34  Sim1  Open    67  31111.235
Fill  2016-07-05 08:33:45.645  [Sim]LBIX  Trade simulation fill. Bid: 2.16 Ask: 2.32 Last: 2.26  31108  31108  Stop  33  Buy  2.23    Filled  2.32  33  Sim1  Open    100  31108.236


I see where it says "order type" "stop" but on the DOM I have selected "Limit".
[2016-07-05 17:12:14]
Sierra Chart Engineering - Posts: 104368
If you are entering orders using the Chart DOM or order entry ladder, refer to how that works here:
https://www.sierrachart.com/index.php?page=doc/doc_ChartTrading.html#ChartDOM

Specifically refer to step 6.
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: 2016-07-05 17:14:03
[2016-07-05 17:14:19]
Sierra Chart Engineering - Posts: 104368
In the prior post we meant to say step 6. It has been corrected.
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
[2016-09-20 13:01:47]
User638756 - Posts: 52
I am trying to make a limit order (price or better) when the price hits the high of the day. I can put in a stop order but that turns into a market order and the fill seems to be bad.

Any suggestions?
[2016-09-20 17:57:40]
Sierra Chart Engineering - Posts: 104368
Try using a Stop-Limit order:
http://www.sierrachart.com/index.php?page=doc/OrderTypes.html#StopLimit
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
[2016-09-22 15:51:54]
User638756 - Posts: 52
I have been having a hard time understanding this, now I think I know. Can u confirm ? I put in an order UVXY @ 9:02:18 for 16.47. The DOM shows it @ 16.57 (way outside the bid/ask). Is this including commissions?
Date Time Of Last Edit: 2016-09-22 23:12:52
[2016-09-23 05:01:23]
Sierra Chart Engineering - Posts: 104368
We apologize for the delay. We needed to do some documentation updates related to this.

We see you are using Interactive Brokers. That is the Position Average Price provided by TWS.



For more information, refer to:
https://www.sierrachart.com/index.php?page=doc/TradeStatusWindows.html#HowAvgPricePositionsCalcUsed
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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