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Date/Time: Fri, 18 Oct 2024 08:43:54 +0000



Post From: limit chase with bracket OCO, and MIT attached orders at CTS

[2015-07-23 20:11:27]
Sierra Chart Engineering - Posts: 104368
When using server side bracket orders in Sierra Chart all we can say is that the main order, and the Target and Stop orders are all sent at once to CTS. What happens after that, is not within Sierra Chart control. So you will need to ask CTS about your question.

CTS Auto-OCO is the same as a Bracket order in Sierra Chart. It is submitted to CTS as an Auto-OCO.

is it true that Sierra Chart can help mitigate that with the "chase mechanism", which re-tries the bracket OCO until it successfully fills a position, or finally reaches the maxium chase amount?
No. Sierra Chart has no mechanism for this and would never retry an order. This is regarded as dangerous. And you should be extremely cautious implementing something like this on your side. We would advise against that. You should instead be notified of this condition and take manual action on that including calling the broker if necessary if there is anything that you see that does not make sense with reported positions or orders. Never trust this to automation.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2015-07-23 20:39:42