Support Board
Date/Time: Tue, 26 Nov 2024 16:20:38 +0000
Marketable limit order
View Count: 262
| [2023-11-04 19:43:18] |
| stephane1 - Posts: 111 |
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Hi there, What kind of order sierra chart permit that use Marketable limit order ?. I explain. ...Marketable limit orders, once sent, will immediately give you as many shares as possible within the price range you have set. In marketable limit orders, you ask your broker to buy or sell stock for you immediately, but you specify the highest price you are willing to pay. For example, the Level 2 for equities, you can ask your broker to buy 100 shares at “ask price + 5 cents”. Your broker will go to the ask and try to fill your order. Therefore, you should get filled immediately (like a market order). But, if the ask price moves up quickly before you get filled, you have already authorized your broker to buy equity for you at a higher price as well. Therefore, your broker will try to buy 100 shares of equity for you at a cost of no more.... tku |
| [2023-11-06 23:49:09] |
| Sierra_Chart Engineering - Posts: 17182 |
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You have to develop your own custom functionality for this using ACSIL: Automated Trading From an Advanced Custom Study There is no order type to do exactly what you want. 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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