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Date/Time: Mon, 25 Nov 2024 03:35:47 +0000



Post From: limit orders on SST not place it at desired level at certain conditions

[2024-02-09 20:29:28]
User555185 - Posts: 8
Thank you for the response, indeed Stop-limit was the first option.

So the question will be: How can a stop limit order be placed below the last trade price on the spread sheet system for trading?

As mentioned before, when the close is below where the price that is suppose to be set at the stop limit once the signal is triggered, it works find, but when the signal is triggered, and Close is above the desired price for the stop limit, order is triggered at the market price and receive the next error:

Buy stop must be at or above last trade price

but I am specifying that it should be in a level that sometimes will be below the last trade price.

Below you will find 3 examples, also with screens of the cells at which the stop limit bust be places and the type of order, in the first two images are showing the behavior on entry ant a not desired entry price and the third one show that it works perfectly when last price is below the desired entry price price. Cell J71, it is set to: SL

https://www.sierrachart.com/image.php?Image=1707508709597.png

https://www.sierrachart.com/image.php?Image=1707509369186.png

https://www.sierrachart.com/image.php?Image=1707509667252.png


I have also went to global settings> chart trade settings> General> Reject stop orders that will immediately Fill set to YES and it did not make a difference.

Also, noticed that when stop limit is triggered is buying a random number of contracts which is not desired.

How can it be set up on the spread sheet system for trading to just buy/sell a specific number of contracts? Maximum position allowed is set to 1 for the moment and you can see that the order bought 4.

https://www.sierrachart.com/image.php?Image=1707510076270.png
imageSL-1.jpg / V - Attached On 2024-02-09 19:50:00 UTC - Size: 99.42 KB - 65 views
imageSL-2.jpg / V - Attached On 2024-02-09 19:50:07 UTC - Size: 158.2 KB - 74 views
imageSL-3.jpg / V - Attached On 2024-02-09 19:50:13 UTC - Size: 60.5 KB - 78 views