Support Board
Date/Time: Mon, 25 Nov 2024 13:54:10 +0000
Post From: Stop orders for multiple OCO groups being adjusted / separated
| [2024-03-04 18:05:01] |
| User223674 - Posts: 8 |
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Hi there, I'm trying to use the OCO settings with scaled profit levels, and an all OCO groups stop. Target 1 - 12T, Qty 1 Target 2 - 24T, Qty 1 Target 3 - 36T, Qty 1 Stop All - 60T (Qty 3 based on the above) Using this on SIM everything works great. When I am using this with Interactive Brokers, 1. The Stop orders are being adjusted to 2 or 3 slightly different stop values (like 0.75 pt difference) 2. There are now multiple handles for the stop on the chart, so its hard to manage. See attached screenshot #1 - it shows the handles on Sierra Chart and also how the order is showing in TWS. It split the stop into orders with 2 different handles, with slightly different stop points. For the above I noticed I had the following settings * Server Side OCO orders : Yes * Server Side Bracket Orders : No When I set Server Side Bracket Orders ON, it seems to work ok, however I then get this message from IBKR when placing the orders: Warning: Your order was repriced so as not to cross a related resting order. However in this case the stops are NOT being adjusted - they're at the correct value, and the handle is fine in chart trader. (second screenshot) I just want to make sure I'm using the right settings - is there a way to avoid these issues? Any way to avoid these order repricing - I can't understand what order is 'crossed' here as they're all separate orders and I don't see any overlap. Also - I had expected the stop loss for "Stop All" would be a single separate order with quantity of 3 vs having three separate stop orders at the same value? Date Time Of Last Edit: 2024-03-04 18:06:19
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 AdjustedStops.png / V - Attached On 2024-03-04 18:01:48 UTC - Size: 34.73 KB - 64 views ServerStops.png / V - Attached On 2024-03-04 18:01:58 UTC - Size: 39.32 KB - 73 views StopSettings.png / V - Attached On 2024-03-04 18:03:08 UTC - Size: 14.93 KB - 56 views |