all systems stopped > 10000 orders placed, edited or cancelled in one day

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  • #125505 quote
    David
    Participant
    Veteran

    With all this volatility and larger volatile spreads 🙁 I’ve been working on some HFT systems.

    Today the following happened:

    All your trading systems were stopped because we detected abnormal activity on your account (more than 10000 orders placed, edited or cancelled in one day).

    Is 10000 a fixed limit or can it be increased?

    Screen-Shot-2020-04-10-at-7.34.22-am.png Screen-Shot-2020-04-10-at-7.34.22-am.png
    #125515 quote
    MAKSIDE
    Participant
    Veteran

    10.000 per day ? 😉  Omg

    i didn’t know there was a limit

    but it’s very interesting..  i know that HTF system is the graal system 😉

    do you have several bots on the same market ? same account ? how do you manage the conflicts btw bots ?

    #125520 quote
    David
    Participant
    Veteran

    I tend to only have one system per instrument per account to avoid any potential issues but PRT does allow you to sort trades by the specific system and then you can match them to the entry prices on IG. However, there can be execution issues if multiple orders are sent on the same instrument on the same account at the same account.

    The limit was reached mainly due to order changes to stops and limits not so many actual demo trades because that limit is listed on PRT (1,000 I think now that’s a lot of trading) and unfortunately I don’t have that much capital but if IG starts offering micro lots like they do on MT4 the maybe – just maybe :).

    #125525 quote
    Nicolas
    Keymaster
    Master

    Topic moved to ProOrder forum. This limitation is there for security reason, as the message said, it’s ‘abnormal’ to have soooo many orders placed the same day on the same account 😉

    #125557 quote
    David
    Participant
    Veteran

    Thanks Nicolas maybe some day: abnormal = abnormal gains

    I’ll have to work out another way to meet the criteria for IG rebates.

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all systems stopped > 10000 orders placed, edited or cancelled in one day


ProOrder: Automated Strategies & Backtesting

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David @dwgfx Participant
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This topic contains 4 replies,
has 3 voices, and was last updated by David
5 years, 10 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 04/09/2020
Status: Active
Attachments: 1 files
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