How to set a "Points through current" Order

• 03/13/2020 at 9:43 PM #122098
  Jaywalker

  Hi

  I have been getting loads of rejected market orders and get the message “Submitting a ‘points through current’ order will reduce the likelihood of a price rejection.

  Please can someone explain to me where/how to find the settings for this order (I have version 10.3 through IG)

   

  Many thanks

  Mike

   

   

  

  Jaywalker

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  03/13/2020 at 10:55 PM #122101
  GraHal

  Jaywalker wrote:

  Submitting a ‘points through current’ order

  Well I thought I’d had them all in my time, but I can’t recall that one!

  Is this as a result of a manual trade or an auto trade?

  

  GraHal

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  03/14/2020 at 10:07 AM #122111
  Jaywalker

  It was a result of a manual trade ( using the scalping order box, I pressed “exit” to close the trade and then received the rejection message- went from being 25 pips in profit at time of wanting to exit, to being 160 pips down before being able to exit!). I had a stoploss in place which seems to have just disappeared after the rejection message as I would never trade with 160 pip stoploss ( not scalping anyway)

  I found this (below) on IG website but cannot find where they are talking about on the chart platform:

   

  Points through current

  Points through current minimises the chance of a price rejection due to volatile markets. If the market changes suddenly as you click to deal, we’ll still place your order if the market price is within the tolerance (the number of points through the current price) that you specify.

   

  Points through current is not a default order type, so you’ll have to manually select it:

  1. Log in to My IG and open the platform
  2. Click on ‘settings’ in the left-hand flyout menu
  3. Open the order type drop-down menu
  4. Select ‘Pts through current’

  Once you have selected to show price options in the deal ticket, and chosen ‘Pts through current’, you will be able to set your tolerance level in the deal ticket. We’ll always remember your last points through current value per market, to speed up your dealing process.

   

  Cheers

  Mike

  

  Jaywalker

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  03/14/2020 at 10:30 AM #122112
  GraHal

  Jaywalker wrote:

  cannot find where they are talking about on the chart platform:

  They are directing you to their own IG Platform … either the New or the Old … prob the New.

  Let me know if you can’t find it and I’ll find it on mine.

  If you have recently signed up with IG you may not have the Old Platform as an Option anyway

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  GraHal

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  03/14/2020 at 10:33 AM #122113
  GraHal

  See attached

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  Jaywalker

  

  GraHal

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  03/14/2020 at 6:11 PM #122134
  Jaywalker

  many thanks, GraHal i was looking on the old platform!

  I have now made the adjustment on the new platform. However, would you happen to know if this is automatically set on the ProRealtime platform or is there some setting that I need to go into there?

  Really appreciate your time

   

  Regards

  Mike

   

   

  

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  03/14/2020 at 6:16 PM #122135
  GraHal

  Jaywalker wrote:

  automatically set on the ProRealtime platform

  IG New Platform (or Old) are nothing to do with PRT.

  IG New Platform is IG’s trading Platform for manual trades.

  Old Platform is less clunky (for manual trades) but Flash (used on Old but not on New) is not supported after 31 Dec 20 … on Chrome anyway, haven’t checked other browsers.

   

  

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  09/04/2020 at 5:05 PM #143404
  Rikki

  GraHal wrote:

  Jaywalker wrote:

  automatically set on the ProRealtime platform

  IG New Platform (or Old) are nothing to do with PRT.

  IG New Platform is IG’s trading Platform for manual trades.

  Old Platform is less clunky (for manual trades) but Flash (used on Old but not on New) is not supported after 31 Dec 20 … on Chrome anyway, haven’t checked other browsers.

  Hi GraHal,

  I’m facing the same issue – but not in manual trading, with ProOrder system stopping jobs due to rejected orders. “The price is no longer valid. Please try again. Submitting a ‘points through current’ order will reduce the likelihood of a price rejection”

   

  Could you advise how we set ‘points through current’ option in PRT/ProOrder jobs/code?

   

  Thank you.

  Rikki

  

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  09/04/2020 at 6:33 PM #143410
  GraHal

  Rikki wrote:

  Could you advise how we set ‘points through current’ option in PRT/ProOrder jobs/code?

  See attached … click / select at the red arrowhead.

  Attached is from the IG New Platform.

  

  GraHal

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  09/05/2020 at 1:54 AM #143420
  Rikki

  Hi GraHal, I’ve done that already – my impression was that changing that option will only affect the web platform.

  Could you please confirm if changing that option in the web platform is effective for PRT/ProOrder jobs as well?

  If yes – that’s awesome. 🙂

  Thanks again!

  Rikki

  

  Rikki

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  09/05/2020 at 8:45 AM #143424
  GraHal

  I suggest you set up and order on the IG Platform and enter your preferred value of ‘Point Through‘.  IG state that this latest value is then ‘remembered’.

  Then see if you still get the PRT error message … “Please try again. Submitting a ‘points through current’ order will reduce the likelihood of a price rejection” .

  You would need to set up your preferred value of ‘Point Through‘ for the specific instrument which you are trading on PRT?

  If above does not work (and you still get the same error message) then I suggest you email PRT (link below) and refer them to this Thread … specifically these last 4 posts?

  Let us know how you get on please?

  https://www.prorealtime.com/en/contact

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  GraHal

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  09/10/2020 at 2:38 PM #143878
  Rikki

  I have done that now – it’s been a week.

  Market hasn’t been moving much this past week – fingers crossed, hopefully it will not happen again.

  Hey, thanks a lot for you help. Will follow the link if it comes back.

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