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Date/Time: Sun, 19 Jan 2025 09:10:28 +0000



Scale in/out order management inconsistency

View Count: 825

[2018-04-03 11:56:10]
cross - Posts: 70
Hello,

Order management with Support Scale-In and Scale-Out is inconsistent.
Additional orders must join the bracket (OCO) in case of a filled position.
(optionally for a pending order with a bracket too, yet this makes opposite direction pending orders+brackets impossible)

Example:
- have a long position with an attached pending bracket (target and stop-out)
- have the price above the entry, eg. near the target
- add a buy limit order between the current price and the entry to increase the position on a retracement
- if the price hits the target without filling the additional order then the order will remain pending, though it must have been cancelled, just as the stop-out side of the bracket. The position goes flat, so the bracket is over.

(still long) Same if price is near to stop-out and you add a scale-out sell limit order below the entry hoping on a retracement to the upside and decrease position upper than the stop-out. If stop-out hit the peding sell limit is not cancelled.

I hope this is a valid feedback.

Thanks

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