Support Board
Date/Time: Tue, 24 Dec 2024 13:42:31 +0000
Post From: Stop-Limit-Order Discrepancy
| [2015-10-23 01:31:05] |
| User94740 - Posts: 333 |
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I am trying to understand why my stop-limit fails to work. Image 1 shows a 610 tick chart with the placed order before the market shoots through the 59.20 level. Image 2 shows a 34 tick chart with the market piercing through the stop level, but failing to activate the limit order. Strange, but as the market retraces to the upside, then a market order is carried out @59.16 even though the limit order is set for 59.18 as can be seen in image 3. The limit order @59.18 is never carried out. I have also tried various settings in which I set the offset to -1 in the same scenario in which the stop was set to 59.19 and the limit to 59.18. I might understand the limit could not be activated because the stop would be activated higher than the limit, but in image 4 the retracement clearly touches 59.19, but fails to activate the limit. Please advise. Just another note and maybe has some pertinence to the main issue, but I have also had instances in which the MIT order failed as well. 1. http://www.sierrachart.com/image.php?l=1445561732170.png 2. http://www.sierrachart.com/image.php?l=1445562580218.png 3. http://www.sierrachart.com/image.php?l=1445562710920.png 4. http://www.sierrachart.com/image.php?l=1445563412205.png Date Time Of Last Edit: 2015-10-23 01:32:00
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