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Date/Time: Wed, 27 Nov 2024 23:31:33 +0000



Post From: Sending repeatedly market orders to close a future position using Automated Trading

[2023-06-30 01:07:04]
User509533 - Posts: 57
My understanding/Background: When I'm in front of a desktop running Sierra chart, I can send 'flatten' until the position is closed. However, I do place limit/OCO/bracket orders, and I'm away, and no longer monitoring the market. In a situation like that, I would like to get the same action that a 'Flatten' button does using automated trading. If my stop order (essentially a limit order with 3 points for ES) does not get a fill, my script would send consecutive 'market orders' until it gets a fill. Can I implement this using automated trading?

Before I invest time in learning automated trading, I would like to know if this is even possible. I appreciate all your help.
Date Time Of Last Edit: 2023-06-30 04:39:39