IG order restrictions in PRT

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  • 10/14/2017 at 11:51 PM #49383 quote
    Mansoor
    Participant
    Average

    G’day everyone.

    IG has some restrictions on manual orders for example, the stop loss distance cannot be less than a certain amount or trailing stop moves up only after a certain amount of price movement and sometimes you can’t even use trailing stops. When you write PRT code do you observe these restrictions? I mean when you define your stop loss in the code do you consider the minimum stop loss distance requirement?

    10/15/2017 at 9:20 AM #49392 quote
    Despair
    Blocked
    Master

    If you don’t consider the minimum stop loss distance requirement the order will be rejected several times in a row and then your strategy will be stopped. So you can’t set a stop closer than the minimum stop distance if this was your question.

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    10/15/2017 at 9:20 AM #49393 quote
    golha
    Participant
    Junior

    Yes, you should do so, otherwise IG may reject the order. For trailing stops, IG automatically uses the minimum allowed if you do not specify the steps.

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IG order restrictions in PRT


ProOrder: Automated Strategies & Backtesting

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Mansoor @mansoor Participant
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This topic contains 2 replies,
has 3 voices, and was last updated by golha
8 years, 4 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 10/14/2017
Status: Active
Attachments: No files
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