Support Board
Date/Time: Wed, 27 Nov 2024 16:53:24 +0000
AllowOnlyOneTradePerBar clarification for a target limit order not filling all at once
View Count: 263
| [2023-07-20 12:49:02] |
| User547450 - Posts: 3 |
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Hello, I have the "AllowOnlyOneTradePerBar" set to true on the "trading system based on alert condition" and when live trading I have this problem a few times where I have a limit order of 8 contracts set to close my trade at say 79.99 on a current bar. When price reaches 79.99 or 80.00 some of the contracts of the 8 contracts are filled on the current bar, leaving 4 contracts needing to be filled but since it's still on the same bar the limit order disappears and I have some contracts left open in the market naked with no limit to close out. Is this the proper way it supposed to function? If so, then how can we have a multiple contract order that gets semi-filled at one moment on one bar then finish filling on the same bar when it's a limit order (target in particular) since this is a very common scenario for limit orders? Thanks |
| [2023-07-21 13:13:11] |
| Sierra_Chart Engineering - Posts: 17195 |
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You need to determine why this is the case: the limit order disappears and I have some contracts left open in the market naked with no limit to close out.
Find out what is happening to that order. Refer to: Trade Activity Log Analysis: Determining the Origin of a New/Modified Order Sierra Chart is certainly not canceling it. 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, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-07-21 14:43:39] |
| User547450 - Posts: 3 |
|
Okay I will check it out. But to confirm for the sake of understanding, the "Allow Only One Trade Per Bar" when true wont stop a target limit from being filled at 2 separate intervals on the same bar?
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| [2023-07-21 15:15:19] |
| Sierra_Chart Engineering - Posts: 17195 |
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When using "Allow Only One Trade Per Bar", it has no effect at all upon the filling of the order. The order can fill at any time. 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, use the Teton service: Sierra Chart Teton Futures Order Routing |
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