Accumulated Limit orders and Stop orders

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03/16/2017 at 12:03 PM #28750 quote

Elsborgtrading
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Veteran

Hi.

If I have a Proorder strategy that accumulates one order a day- lets say for a period of 3 days, and I manual places 3×1 position’s stop orders- each with different price – how are the position stopped the first to last added or last to first?

(Force open disabled)

cheers Kasper

03/16/2017 at 4:58 PM #28773 quote

Joachim Nilsson
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Average

I don´t think it´s possible with partial closing…

03/16/2017 at 5:12 PM #28778 quote

Nicolas
Keymaster

Legend

Stopped by what?

03/16/2017 at 5:59 PM #28784 quote

GraHal
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Master

You could only stop the Strategy by placing a manual stop and so all 3 orders would be closed??

If manual trading with 3 x 1 lots positions and I set 3 stops (not directly associated with the 3 x 1 open trades) then the open trades are stopped ‘first to last’.

Mostly though I right click on the open trade and set up an ‘associated stop’ to close that linked trade.

GraHal

03/16/2017 at 7:45 PM #28798 quote

Elsborgtrading
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Veteran

@ Joachim- you are right if the orders are placed at the same time- But if orders are accumulated. they can be closed individually- but still as a basket. 3 positions at 9:00 and 3 positions at 10:00- can be closed as 3 positions at whatever you want, and after that the next 3 when ever you want.

if an automated strategy places a market buy order- and I manually places a Stop order above the price. Once reached- the Market buy order is cancelled- right? I remember you had this behaviour as a problems when manually trading in the same market as your Proorder, Grahal. your opposite orders closed your automated strategy position- because force open was disabled 🙂

So I was thinking if I accumulated 3 orders in which order will they be closed?

I made a test of it manually. placed 1+1+1 buy order, and then hit the sell botton 3 times. it was first in- first out- so I guess it also apply on automated strategy.

Cheers Kasper

03/16/2017 at 8:30 PM #28802 quote

alwaysauhn
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Average

I don’t know which would be stopped first. However, if you would like to hardcode something would it perhaps be possible to use TradePrice(n) in conjunction with a FOR loop?

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