Support Board
Date/Time: Sun, 22 Dec 2024 09:38:32 +0000
Post From: Staging and modifying bracket order levels before transmitting to server?
| [2015-04-02 13:58:44] |
| VPhantom - Posts: 18 |
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Hello, I searched quite a bit on this forum, read through the related documentation, but couldn't find the information, so here goes. :) First, my background in case any of it is relevant: I'm experienced with IB's TWS, I'm currently using SierraChart stand-alone to simulate trades in replayed historical data, with an eye on possibly using it with I.B. and probably with CTS T4. All my positions are server-side brackets and I have specific prices for all 3 in mind when I initiate a position. In TWS, you prepare an order, edit all its details, including attaching bracket OCO's and then you click "Transmit" to actually send the finished trio to their server. The only way I found to approximate this in SierraChart is to pre-configure a bracket order default with point/tick distances very roughly in the ballpark for my chosen instrument, enter my entry limit price and submit. Then, after the whole order is placed and becomes visible on the chart, I can move the stop-loss and limit target horizontal lines to where I actually want them to be. With an actual broker, this would involve two unnecessary order modification requests. Is there any way in SierraChart to specify actual stop-loss and target limit prices rather than relative distances? If not, then is there a way to "stage" a bracket order in such a way that I could form it, then adjust its prices BEFORE it gets actually sent to the server? (I still need all 3 to be server-side, so deactivating server-side brackets isn't a suitable work-around.) I don't think either broker charges fees such modifications, although I've seen some mention a concept of "abusive" or "unnecessary" modifications, so I'd prefer the cleanest workflow possible. Thanks to whoever sees this and can help, for their time. :) |