Support Board
Date/Time: Thu, 27 Feb 2025 09:27:08 +0000
Server-side brackets and OCO
View Count: 439
| [2021-06-21 03:08:50] |
| Mercantile_Man - Posts: 17 |
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This is my basic understanding of how it works with SC's Order Routing Service. Am I correct? --- 1. I set a 'buy' bracket order at a price level several ticks away from where price is currently trading. 2. The bracket order is sent to SC's server, where it waits. 3. Price eventually reaches the 'buy' price and the bracket order is sent from SC's server to the exchange. 4. The 'buy' is filled, and the OCO command now waits on SC's server. 5. Price eventually reaches the bracket's 'take profit' level and the order is sent from SC's server to the exchange. 6. The 'take profit' is filled and the command to cancel the 'stop loss' order (OCO) is now sent from SC's server to the exchange. 7. The 'stop loss' order is cancelled. Date Time Of Last Edit: 2021-06-21 03:09:39
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| [2021-06-22 05:58:59] |
| Sierra_Chart Engineering - Posts: 18584 |
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This is all explained here: Attached Orders: General Management of Attached Orders 5. Price eventually reaches the bracket's 'take profit' level and the order is sent from SC's server to the exchange. This part is not correct. The limit order will be at the exchange when the parent order fills.
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, use the Teton service: Sierra Chart Teton Futures Order Routing |
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