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Date/Time: Sun, 08 Sep 2024 01:46:00 +0000



Post From: Automically moving an OCO limit order

[2024-02-11 04:59:19]
User8135477 - Posts: 111
There are lots of posts discussing the function to automatically move an attached stop order to BE or trail once the price reaches a ceratin point.

On the contrary, are there any functions/programs to be able to automatically move an limit order to a predetermined price, if the current price reaches a certain point?

For example:

Long Order entry @ $100
OCO Sell Limit @ $200
OCO Sell Stop @ $50

If the price hits $75, move existing OCO Sell Limit to $110. However, as long as the price stays above $50, keep the existing OCO Sell Limit @ $200.

Please note that this is different than what would be accomplished with a Triggered Stop-Limit, since I need to maintain the existing Sell Stop @ $50 in the example above, regardless of whether the price reached $75 or not.