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Date/Time: Sun, 24 Nov 2024 16:03:24 +0000



Cancel limit order if price move more than X ticks

View Count: 208

[2024-05-16 15:30:34]
AzharBasri - Posts: 28
Hi,

I want to cancel my limit order if the price already move more than X ticks from the limit order price.

I already have the price for the limit order if triggered, But, how can I calculate the price difference between the price and limit order and how can I cancel it?

Thanks
[2024-05-16 16:01:31]
John - SC Support - Posts: 36238
Are you using an automated system of some sort, or are you looking for an automated way to close a manually placed limit order?
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-05-16 16:19:58]
AzharBasri - Posts: 28
Yes. I'm using spreadsheets system for trading. Attached order will be used for the limit order
[2024-05-16 17:47:09]
John - SC Support - Posts: 36238
You can not cancel the Limit Order alone, but you can cancel all Working Orders by entering a non-zero value in cell for "Cancel Working Orders" (cell J27 in Version 1 of Column I/J ordering). You can setup a formula in this cell with an IF() function to give you a zero until you want the orders cancelled.
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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