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Date/Time: Fri, 27 Dec 2024 00:53:41 +0000



New to Sierra Charts - Order types for Trading System

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[2016-03-26 16:54:59]
raker59 - Posts: 7
Hi there ,
I have just come over to Sierra Charts and I am trying to figure out the platform , I was with Neoticker by Tickquest for 10 years .
Basically I have a bar based fully automated system and upon the close of a bar , I want to send out a limit order , say a buy limit order , if that order does not fill say on the bid I want to adjust that order up by 1 tick and if it does not fill on the next bid adjust it up another tick , thats it maximum .
Is this type of scenario accopmplished with "chase limit order type" ?
Also can I cancel a limit order if it has not been filled after a certain number of seconds . I have seen this feature on the R_ Trader pro Platform ?

thanks in advance ,
Tim
[2016-03-26 18:35:20]
Sierra Chart Engineering - Posts: 104368
Not exactly. How the Limit Chase order type works is documented here:
https://www.sierrachart.com/index.php?page=doc/doc_OrderTypes.html#LimitChase

To do what you want is possible and it requires using the ACSIL trading functionality. Refer to this page:
https://www.sierrachart.com/index.php?page=doc/doc_ACSILTrading.html

But you have to implement what you want to do, manually in your code.
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
[2016-03-26 20:05:01]
raker59 - Posts: 7
Thanks Support

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