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Date/Time: Sat, 18 Jan 2025 19:32:41 +0000



Post From: FDAX Stop-Limit Order Rejected

[2018-02-23 18:41:33]
patrader - Posts: 92
I forgot Eurex doesn't take native stop-limits. I just tested out the Triggered Limit Order Entry with 0 offset and it works fine. I can use that order type whenever I am trying for no slippage on an entry order. What I'm wondering is this:

Can you add a little extra functionality to the Triggered Limit Order Entry Type, by allowing for 'negative' and 'positive' offset values. Suppose the user entered "-3" into to the Trig Limit/Stop Limit box (or manually). With ES trading at 2725.50 the trader wants to be long if the market went higher to 2728.00. Once the trigger price of 2728.00 is touched, SC would immediately send a buy limit order at 2727.25 (3 ticks lower). In other words simply change the existing functionality to require the user to enter a negative number. Then, add the ability to use a positive number in a different way. If the user entered a positive number of "3" then as soon as 2728.00 was touched a buy limit order at 2728.75 would be sent. The effect of using a positive number on Triggered Limit Order Entry Type being to mirror the functionality of a regular stop-limit order.