Talked to IG about g stops and they told me that the limitation that it’s impossible to use g stops from an ordinary account is on the PRT side. Is it possible to use g stops from an ordinary account with next version of prt?
Regards
Henrik
Both IG and PRT told me they are working on commands to place guaranteed stops directly from PRT. But they could not tell me when this will be done, so I assume we will have to wait for the next version.
Hello Henrik,
We are currently working on this. It has already been developped by IG and us at ProRealTime and we are testing it. We should be able to release it in the next few weeks.
Best wishes,
Ilaria
ProRealTime
Good! Thank you very much for the answers Verdi55 and Ilaria!!
Regards
Henrik
Hi Ilaria,
Just wondering hows is it going with the g-stops?
Best Regards
Henrik
EricParticipant
Master
I suppose the problem is in proorder and the variation of the min stop distance?
But could we at least get G stops when trading manually through prorealtime? (and when using orders with alerts)
Hello,
The option to place guaranteed stops via the charts and automatic trading systems has been released for demo accounts.
This new option will be available for live accounts before the end of this month.
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Best,
Ulrike
Hello, The option to place guaranteed stops via the charts and automatic trading systems has been released for demo accounts. This new option will be available for live accounts before the end of this month. Best, Ulrike
Will there also be a command to set guaranteed stops in automated trading ? I think this would be most interesting and important for many of the coding people here.
Hi Ulrike!
Thanks for your answer! How do you code a guaranteed stop then? Looked in the simplefied creation for clues but I couldnt find anything?
Best Regards
Henrik
Hi Henrik and verdi55,
It is a checkbox to be activated before you confirm the start of the strategy. All stops will be automatically defined as guaranteed stops.
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Ulrike
OK, that’s fine. However, as a suggestion, it may be useful for the future to have a specific command such as
set stop pguar 20
in addition to
set stop ploss 20
to select guaranteed or normal stops inside the code. This could be useful to switch on guaranteed stops only over the week-end (to avoid large gaps), and to switch them off on Monday again.
Another problem when only guaranteed stops are used inside a strategy will be that IG does not allow short and long positions with guaranteed stops to be open at the same time in the same instrument. So, it may not be possible to run more than one automated trading system in the DAX, for example, because one of them may be long and another one short at the same time. I don’t know what the way out of this situation could be, but may be you guys at ProRealtime can think about it ?
Another problem when only guaranteed stops are used inside a strategy will be that IG does not allow short and long positions with guaranteed stops to be open at the same time in the same instrument. So, it may not be possible to run more than one automated trading system in the DAX, for example, because one of them may be long and another one short at the same time. I don’t know what the way out of this situation could be, but may be you guys at ProRealtime can think about it ?
This is the new behavior due to the new regulation on CFD trading, not really a technical problem.
No, no, this is specific to IG. I talked to them, and it is them who do not allow short and long positions with guaranteed stops at the same time in the same instrument. You can look it up in their terms and conditions. It is valid everywhere with IG markets in the world, regardless of regulation.
Hi Henrik and verdi55, It is a checkbox to be activated before you confirm the start of the strategy. All stops will be automatically defined as guaranteed stops. 
Ulrike
Maybe it is helpful to stress that this works only with commands of the type
set stop loss xx
not with
sell at xx stop
exitshort at xx stop
The latter commands will always set normal, non-guaranteed stops.
Now, a question comes to my mind : What happens, when I have both types of commands in a code ?
For example, at the opening of a long position, I say
set stop ploss 60
and make this a guaranteed stop by checking the box.
However, a few bars later, another condition may come into effect, saying :
sell at 12250 stop
Will this override the guaranteed stop from the first command, and become a non-guaranteed stop ? Or will there be no effect at all ?
