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Date/Time: Sun, 24 Nov 2024 00:06:33 +0000



OCO order

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[2013-08-29 10:22:28]
SKY - Posts: 45
Assume i send an OCO order to the market (bracket order)

As we know once either TakeProfit or StopLoss is executed the other order should be canceled (deleted) at the exchange

The function of tracking the need to cancel the order which HAS NOT been executed is carried out by the FCM's server
when using a dedicated DOM software

The question is what is happening w/ Siearra in such case - will sierra replace the FC< server and will be the one that
tracks the price and deletes the order which HAS NOT been executed or Sierra knows how how to make the FCM server do the
job (as the dedicated DOM software does)

The intention is to have the maximum stability - thus not being dependent on residense electricity supply or ISP infrastructure
which if fails may cause the event of not deleting the OCO order that should be deleted (if counting on FCM server this is
unlikely to take place)

Pls explain on the above when Sierra is involved


[2013-08-29 17:54:39]
Sierra Chart Engineering - Posts: 104368
This is already explained in detail here:
http://www.sierrachart.com/index.php?l=doc/doc_AttachedOrders.html#Introduction
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
[2013-08-29 19:00:57]
SKY - Posts: 45


the only relevant text found in the link that has to do w/ my question is

Notice: Your service does not support OCO orders. OCO functionality is managed locally and can fail due to connectivity or other issues!.

which means that Sierra replaces the FCM server for managing the OCO order - which means i may go into risky situation due to connectivity issues

pls let me know if my understaing is correct
[2013-08-30 03:26:59]
Sierra Chart Engineering - Posts: 104368
We see you are using the OEC trading service and in the case of OEC the OCO functionality is handled on the server side.

If you are using another service, let us know and we will let you know whether OCO is supported on the server side or not.
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
[2013-08-30 04:13:44]
SKY - Posts: 45
tnx.

is there any publicly accessible list that you maintain so i can check it out by myself rather than interrupting you again nad again (as i have students being served by different FCMs) ??

[2013-08-30 11:26:56]
Sierra Chart Engineering - Posts: 104368
This information can be found on the individual Data and Trading services pages linked from this page here:
http://www.sierrachart.com/index.php?l=doc/data.php
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

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