Pending orders deleted before events

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  • 06/24/2022 at 3:01 PM #196016 quote
    phoentzs
    Participant
    Master

    I don’t believe it… could it be that IG or PRT is deleting pending orders before events?? Occurred today at 15:32 on the SP500. What use is the best breakout strategy if the orders are deleted first? That’s just annoying me.

    06/24/2022 at 3:10 PM #196017 quote
    phoentzs
    Participant
    Master

    The same strategy on the demo account worked great.

    06/24/2022 at 3:20 PM #196021 quote
    PeterSt
    Participant
    Master

    What is the error description ?

    06/24/2022 at 3:57 PM #196028 quote
    phoentzs
    Participant
    Master

    In the PRT I don’t know yet, but the strategy doesn’t seem to have stopped. Otherwise I would have received an email. I only see it in the IG app. Order has been deleted.

    06/24/2022 at 4:36 PM #196031 quote
    PeterSt
    Participant
    Master

    Here you have Rejected and Cancelled. Both could be what you mean with “deleted” translated from German. I never saw “deleted” as such.

    The Cancelled is normal in my case because it is a Limit order which was not filled (new bar new chance).
    The Rejected is also harmless, unless it happens too often in a sequence; then the Strategy is stopped.

    So maybe nothing is wrong.

    image_2022-06-24_173433812.png image_2022-06-24_173433812.png
    06/24/2022 at 4:54 PM #196034 quote
    phoentzs
    Participant
    Master

    But why was the pending order triggered in the demo account? I’m a little upset because that would have been a nice hit. Maybe I should code back to the original strategy after all. A close crosses over/under always works. Unfortunately, you get a worse entry-level price. What unit of time do you use? I use M1.

    06/24/2022 at 4:59 PM #196035 quote
    phoentzs
    Participant
    Master

    On closer inspection… the same strategy is running in M1 and M3 in the demo account… the order was triggered in M3… M1 did nothing like in the live account. Why is that? What makes a pending order in the M1 different than in the M3?

    06/24/2022 at 5:10 PM #196039 quote
    GraHal
    Participant
    Master
    phoentzs wrote:

    But why was the pending order triggered in the demo account?

    No changes in minimum distance in the Demo Account?

    If your Pending Order is inside the minumum distance (on Live) at the point of Order execution then it will get Rejected?

    06/24/2022 at 5:25 PM #196040 quote
    PeterSt
    Participant
    Master
    phoentzs wrote:

    What makes a pending order in the M1 different than in the M3?

    In too many aspects than can be described here ?
    With the code at hand we could get somewhere (no, I am certainly not asking to post it 😉 ).

    06/24/2022 at 5:26 PM #196041 quote
    phoentzs
    Participant
    Master

    I am aware of that. However, this order in particular had been in the market since 09:00 and was deleted at 15:32.

    06/24/2022 at 5:28 PM #196042 quote
    phoentzs
    Participant
    Master

    I don’t want to reveal the code this time. 😉

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Pending orders deleted before events


General Trading: Market Analysis & Manual Trading

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phoentzs @phoentzs Participant
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This topic contains 10 replies,
has 3 voices, and was last updated by phoentzs
3 years, 7 months ago.

Topic Details
Forum: General Trading: Market Analysis & Manual Trading
Language: English
Started: 06/24/2022
Status: Active
Attachments: 1 files
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