Support Board
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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