Support Board
Date/Time: Thu, 06 Mar 2025 17:37:16 +0000
"Move To Breakeven for Stop" did not work...
View Count: 760
| [2022-01-27 15:45:19] |
| GreyLock58 - Posts: 170 |
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This is what I pulled from the Trade Activity Log. My Buy order stop price was above the last trade price. Luckily I was in front of my computer and manually enable the Break Even button. This is the second time this has occurred. Now I am concerned. Please advise. TradeAccount DateTime Symbol ActivityType OrderActionSource OrderType Note Quantity OrderStatus BuySell FillPrice Price2 OpenClose Price AccountBalance InternalOrderID ServiceOrderID FilledQuantity ParentInternalOrderID PositionQuantity FillExecutionServiceID HighDuringPosition LowDuringPosition ExchangeOrderID ClientOrderID TimeInForce Username 737C9516 2022-01-27 10:27:52.566284 MNQH22_FUT_CME Orders Move stop to break even. Offset: 1. Requested Price: 14295.75. Requested Quantity: 1 Stop Limit Attached order. Parent: 21226 1 Pending Modify Buy 14304.75 Close 14292.75 0.00 21227 8925 21226 -1 6829399648091 21227.21645 Day Greylock58 737C9516 2022-01-27 10:27:51.736283 MNQH22_FUT_CME Orders Teton CME Order Routing (Cancel/Replace complete). Info: CME (Replace). Text: Attached order. Parent: 21226 Stop Limit Attached order. Parent: 21226 1 Open Buy 14304.75 Close 14292.75 0.00 21227 8925 21226 -1 6829399648091 21227.21645 Day Greylock58 737C9516 2022-01-27 10:27:51.656283 MNQH22_FUT_CME Orders Auto trail order modification. Move to breakeven. Trigger price: 14288.75. Using LastModifyQuantity of 1. Using new provided price. Requested Price: 14292.75. Requested Quantity: 1 Stop Limit Attached order. Parent: 21226 1 Pending Modify Buy 14367.50 Close 14355.50 0.00 21227 8925 21226 -1 6829399648091 21227.21645 Day Greylock58 737C9516 2022-01-27 10:27:46.156275 MNQH22_FUT_CME Orders Order modification failed | Teton CME Order Routing (Order cancel/replace reject). Info: Order modification failed | Order Modification Reject. Text: Buy order stop price must be above last trade price. Text: Attached order. Parent: 21226 Stop Limit Attached order. Parent: 21226 1 Open Buy 14367.50 Close 14355.50 0.00 21227 8925 21226 -1 6829399648091 21227.21645 Day Greylock58 737C9516 2022-01-27 10:27:46.086275 MNQH22_FUT_CME Orders Auto trail order modification. Move to breakeven. Trigger price: 14293.75. Using LastModifyQuantity of 1. Using new provided price. Requested Price: 14295.75. Requested Quantity: 1 Stop Limit Attached order. Parent: 21226 1 Pending Modify Buy 14367.50 Close 14355.50 0.00 21227 8925 21226 -1 6829399648091 21227.21645 Day Greylock58 |
| [2022-01-27 16:08:36] |
| GreyLock58 - Posts: 170 |
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If this helps...I have "Move To Breakeven for Stop" Step 1 Type "Offset in Ticks Triggered" set to "BE Level Offset" set to 4. Step 2 "Trigger Offset" set to 12. Step 1 did not happen when it should have and Step 2 did not happen.
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| [2022-01-27 16:23:50] |
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The exchange rejected the modification. Was this the correct price that the Stop order was supposed to be moved to?: 14295.75. 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: 2022-01-27 16:26:15
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| [2022-01-27 16:49:42] |
| GreyLock58 - Posts: 170 |
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Correction on post 2. Step 2 I was referring to should have said Step 1 for the Trigger Offset. And yes, the correct price for the Stop order to be moved to was 14295.75. The original order was placed at 14296.75 and the trigger price was 14293.75. As you can see in the Trade Activity the market went low enough to trigger Step 2, which is set at "Trigger Offset" at 32 or the price of 14288.75. But that was also rejected.
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| [2022-01-27 20:29:40] |
| GreyLock58 - Posts: 170 |
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How can I find out what went wrong? The time and sales cannot be used, because I cannot go back far enough to see my time. And if order is rejected, do I lose my stop with no protection?
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| [2022-01-27 22:47:15] |
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We are looking this over in detail, and improving the logging so we can see exactly when step 1 and step 2 were triggered. Still this is fairly clear from the existing log but we just want to go over this more carefully and then come back to you later in the evening. We also heard from Advantage on this. This is an exchange level rejection. No need to contact them about this. 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 |
| [2022-01-28 05:48:07] |
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First this log is in reverse order. Here is the first step: 2022-01-27 10:27:46.086275 MNQH22_FUT_CME Orders Auto trail order modification. Move to breakeven. Trigger price: 14293.75. Using LastModifyQuantity of 1. Using new provided price. Requested Price: 14295.75. Requested Quantity: 1 Stop Limit Attached order. Parent: 21226 1 Pending Modify Buy 14367.50 Close 14355.50 0.00 21227 8925 21226 -1 6829399648091 21227.21645 Day The exchange rejected that: 2022-01-27 10:27:46.156275 MNQH22_FUT_CME Orders Order modification failed | Teton CME Order Routing (Order cancel/replace reject). Info: Order modification failed | Order Modification Reject. Text: Buy order stop price must be above last trade price. Text: Attached order. Parent: 21226 Stop Limit Attached order. Parent: 21226 1 Open Buy 14367.50 Close 14355.50 0.00 21227 8925 21226 -1 6829399648091 21227.21645 Day Nothing you can do about the rejection. It is what it is. And here is the next step: 2022-01-27 10:27:51.656283 MNQH22_FUT_CME Orders Auto trail order modification. Move to breakeven. Trigger price: 14288.75. Using LastModifyQuantity of 1. Using new provided price. Requested Price: 14292.75. Requested Quantity: 1 Stop Limit Attached order. Parent: 21226 1 Pending Modify Buy 14367.50 Close 14355.50 0.00 21227 8925 21226 -1 6829399648091 21227.21645 Day The exchange did accept this and the price was successfully modified to 14292.75. If you have further questions contact the exchange about the rejection, we cannot help with it. 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: 2022-01-28 05:48:51
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| [2022-02-03 17:10:17] |
| GreyLock58 - Posts: 170 |
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Update, I now know what happened and everything worked properly. Yes the first step to breakeven was rejected at the exchange level because of a fast moving market. What I did not realize that after the rejection, the stop reverted back to it's original price. After the market moved further the second step initiated and was successful, but I did not realize that because the price was of out of my viewing range on the Dom. What I now understand is that when you click on the BE button on the trade window, that step one is initiated and it moved my second step back to the first step. Hope that was clear enough, and now I know is I do not loose my protection upon a rejection. And that is what is important. Thanks |
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