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Date/Time: Mon, 10 Feb 2025 15:50:48 +0000



Post From: Where does a Triggered Limit Entry Order reside?

[2018-01-17 16:35:02]
patrader - Posts: 92
I am interested in using the Advanced and Lower-Cost Connection to CTS 4 for trade execution and Sierra Chart for datafeed. My understand is that bracket/OCO orders stay on Sierra Charts server before being sent to the CTS 4 server.

Suppose the ES is trading at 2788.00 and I want to buy if it goes higher to 2790.00, but I want to try and get filled at 2789.75. My understanding is that I can use the "Triggered Limit Entry Order" study in Sierra Chart to do this.

If I use Triggered Limit Entry Order in SierraChart with the Advanced and Lower-Cost Connection to CTS 4, where would this "order" reside until the trigger price was reached? Would it reside on Sierra Chart's order entry server or would it reside locally on my PC?