Support Board

Date/Time: Sun, 19 May 2024 18:59:17 +0000

Post From: Requesting OCO advice

[2019-03-22 00:30:25] Link To Thread - Link To Post [Go To First Post]
User19165 - Posts: 346
I am using Sierra charts because I thought I can do everything within Sierra: - conduct order flow analysis - use the high quality sierra data - use this data for charts and order entry information to cut down on exchange fee duplication - place orders through the DOM All this sounds excellent and are the main tick boxes I need to analyze the market and control my risk. But in reality... Your order entry is lacking with regards to the handling of OCO groupings if the trader is scaling in/out. The only way a trader can use scale in/out in its current implementation puts a big and unnecessary risk on the trader. Why can't you transparently assign a new OCO order grouping on subsequent new order fills when someone is scaling in? Currently, you are modifying the size of the existing OCO order group and now the trader cannot move the targets independently. If you did it this way, you would also need the flexibility to bulk move the stop loss orders easily which could be a simple right click "move all" feature.