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Direct MessagesDate/Time: Thu, 02 May 2024 11:37:19 +0000
OCO Group Triggered
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| [2019-10-21 05:39:27] |
| vish100 - Posts: 111 |
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Hi, I am not able to get my head around 'Move to breakeven stop' setting 'OCO group triggered'. It says OCO Group Triggered: When this option is selected and the Target order in the specified OCO Group has partially or fully filled, then the Stop order will be moved to the breakeven level. How can the stop order move to breakeven when the target order has filled since the stop order will be cancelled on target filling as part of OCO - isn't it? So if parent order fills at 100 and target is at 105 and stop is at 95 - then when the target is filled at 105 then stop will be cancelled. thanks Date Time Of Last Edit: 2019-10-21 05:40:49
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| [2019-10-21 05:51:56] |
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The answer to the question is the triggering for a Stop order in one particular OCO group is going to be triggered by a different OCO group. But you could use the same OCO group and it would still be a valid, if the target order does not completely fill. The documentation has been updated to explain this. 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 Date Time Of Last Edit: 2019-10-21 06:06:26
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