Gainer.
If it went Short of course, like in my case.
This is the normal 4 points distance sh*t. Mind you, in this case USA was closed, but not IG of course. So there you have another source of this sh*t.
This was 21:00 your time.
I hardly ever get the ‘min distance error’ for ages now since I’ve been ticking the re-adjust stops box.
How come you don’t tick the readjust stops box Peter?
Maybe we need another box to tick, something like …
‘If Order is Rejected, leave 5 seconds before Retry’
I’d be happy to trial above for PRT as a
Test Bed Demo Account??
How come you don’t tick the readjust stops box Peter?
How come you think I did not do that. GraHal ?
hahaha
I always do that. But my trades often open with Limit Orders. Maybe yours don’t ?
‘If Order is Rejected, leave 5 seconds before Retry’
Yeah. I already talked through various scenarios with local support. But it is not easy to bring that all the way to Paris. This could be because by now we (or I) understand their broker issues better then they themselves. Or maybe you had the idea that someone out there (Paris) is using ProOrder for real ?
EDIT :
I always do that. But my trades often open with Limit Orders. Maybe yours don’t ?
This is not even understandable. This distance error makes no sense. Or does it ?
So there are ENTRIES. I would not know where this distance error comes from.
(this situation too was talked through with support)
my trades often open with Limit Orders.
I thought above is the scenario when stops would get readjusted (with box ticked) if the min distance is widened due to high volatility etc?
In the last situation I showed the orders never Enter. They are rejected and the System is stopped.
Rejection should not have happened if you had ticked the box?
Maybe you forgot to tick the box in this instance??
Nope.
Rejection should not have happened if you had ticked the box?
Explain the why and how please ? Also, a rejection on
what (must be some command in the code) ?
EricParticipant
Master
That (spread) box never worked for me, especially when the spread is wide out of hours
Well its easy to test
// Conditions to enter long positions
t1 = HIGHEST[5](HIGH)
b2 = LOWEST[5](LOW)
c1 = (close < t1)
IF c1 THEN
BUY 1 CONTRACT AT t1 STOP
ENDIF
// Conditions to exit long positions
c2 = (close > b2)
IF c2 THEN
SELL AT b2 STOP
ENDIF
Explain the why and how please ? Also, a rejection on what (must be some command in the code) ?
A pending order with a stop level?
If you did not tick the ‘Readjust Stops’ box then you would get Rejected if your Stop Level is < (widened) min distance??
A pending order with a stop level?
I don’t have those when the trade enters. And would they be there, then they are there at more than 45 points.
The below captures both situations. One with its Stop Order already there, the other with the Stop Order not there yet.
Both those systems went out this morning on the “4 points distance” error. 2nd screenshot shows 4 rejected orders of 4 different systems. The bottom one out of everything complaints about 0 points. The other 3 whine about 4 points (this is at the opening of Europe).
This afternoon 2 sets of 2 went out at the 122 point phenomenon.
Nice AutoTrading with all this manual restarting throughout !
Indeed it seems to get worse and worse.
// Conditions to enter long positions
t1 = HIGHEST[5](HIGH)
b2 = LOWEST[5](LOW)
c1 = (close < t1)
IF c1 THEN
BUY 1 CONTRACT AT t1 STOP
ENDIF
// Conditions to exit long positions
c2 = (close > b2)
IF c2 THEN
SELL AT b2 STOP
ENDIF
Being the newbie in this discussion just a question on the code above from Eric using the STOP command. The STOP in this situation is used to exit the trade once a certain value is reached which is “b2”. That said it will still be a “Market Order” once the “b2” level is reached. That being the case why not just use the following code below to exit. I have found in my limited coding and testing so far that if I replace the stop loss functions with my own code I can get around the minimum limits imposed by IG on stops. The only stop function I use, is if I am using the guaranteed stop. Maybe I am missing something so please comment.
IF c2 THEN
SELL AT MARKET
ENDIF
Your first example will go out when the price is touched.
Your second example will go at at the next new bar. There can be a huge (price) difference in that …
Same here, strategies have stopped alot recently. Thoose strategies I have been running for years and never witness a stop.