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Date/Time: Mon, 25 Nov 2024 13:51:38 +0000



Stop orders for multiple OCO groups being adjusted / separated

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[2024-03-04 18:05:01]
User223674 - Posts: 8
Hi there, I'm trying to use the OCO settings with scaled profit levels, and an all OCO groups stop.

Target 1 - 12T, Qty 1
Target 2 - 24T, Qty 1
Target 3 - 36T, Qty 1
Stop All - 60T (Qty 3 based on the above)

Using this on SIM everything works great.
When I am using this with Interactive Brokers,
1. The Stop orders are being adjusted to 2 or 3 slightly different stop values (like 0.75 pt difference)
2. There are now multiple handles for the stop on the chart, so its hard to manage.
See attached screenshot #1 - it shows the handles on Sierra Chart and also how the order is showing in TWS. It split the stop into orders with 2 different handles, with slightly different stop points.

For the above I noticed I had the following settings
* Server Side OCO orders : Yes
* Server Side Bracket Orders : No

When I set Server Side Bracket Orders ON, it seems to work ok, however I then get this message from IBKR when placing the orders:
Warning: Your order was repriced so as not to cross a related resting order.
However in this case the stops are NOT being adjusted - they're at the correct value, and the handle is fine in chart trader.
(second screenshot)

I just want to make sure I'm using the right settings - is there a way to avoid these issues?
Any way to avoid these order repricing - I can't understand what order is 'crossed' here as they're all separate orders and I don't see any overlap.

Also - I had expected the stop loss for "Stop All" would be a single separate order with quantity of 3 vs having three separate stop orders at the same value?
Date Time Of Last Edit: 2024-03-04 18:06:19
imageAdjustedStops.png / V - Attached On 2024-03-04 18:01:48 UTC - Size: 34.73 KB - 64 views
imageServerStops.png / V - Attached On 2024-03-04 18:01:58 UTC - Size: 39.32 KB - 73 views
imageStopSettings.png / V - Attached On 2024-03-04 18:03:08 UTC - Size: 14.93 KB - 56 views
[2024-03-06 01:10:09]
Sierra_Chart Engineering - Posts: 17172
Make sure this option is disabled:
Global Trade Settings Windows: Adjust Attached Orders to Maintain Same Offset on Parent Fill (Global Settings >> General Trade Settings >> General)

We would also recommend try disabling this:
Global Trade Settings Windows: Use Server Side OCO Orders (if supported) (Global Settings >> General Trade Settings >> General)

Also understand for every Target order there is a separate Stop order:
Attached Orders: OCO Group (Group)
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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