PROREALTIMES Auto Quantity

Viewing 9 posts - 1 through 9 (of 9 total)

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10/14/2018 at 4:53 PM #82743 quote

Mr Mackey
Participant

Junior

Hello fellow traders, is there a way of using the auto quantity for stop orders aswell as limit orders?

10/16/2018 at 9:23 AM #82852 quote

GraHal
Participant

Master

Please can you give an example in code or at least say what you mean by auto quantity ?

10/16/2018 at 3:01 PM #82903 quote

Mr Mackey
Participant

Junior

Hi… The Auto Qty is the money management tool in PRT… its activated in Options/trading options and clicked on or off whether you want it or not. My strategy is looking for breakouts bull bear flags etc…. so my long price is higher that my current price and if I am using Auto Qty for my money management, it wont let me do a buy stop order only a buy limit order..the help feature in PRT sends me here to ask the question…

10/16/2018 at 7:29 PM #82921 quote
GraHal
Participant

Master
So am I correct in saying that you are manual trading?

In case anybody else has any thoughts, this is what the PRT Manual says about what happens when you enable the Auto Qty.
- One enables the others (OTO)
An OTO is composed of a main order and one or two subordinate orders. When the main order is completely executed, the subordinated orders are placed. It is usually composed of a main order that opens a position, a target Limit order and a protection Stop.

Example: We create a strategy composed of a primary order at a limit price of 16.85€, a target Limit order at 16.95€ and a protection Trailing Stop at 16.80€. If the main order is triggered, the two subordinate orders are set.

OTO.jpg
10/17/2018 at 11:33 AM #82961 quote

Mr Mackey
Participant

Junior

Yes its manual trading, I dont know of any auto strategies that can detect a cup and handle breakout for example… so does anyone know how to place buy/sell stop orders and still use the OTO?? Auto quantity?

11/05/2018 at 2:49 AM #84141 quote

winner-tgrader
Participant

New

bump

can we use for buy stop likewise buy limit ?

10/30/2019 at 9:27 PM #111705 quote

d-white
Participant

Junior

Sorry. for the (very) late reply, but I was just searching for the same thing. Appearently it is not possible (yet), auto quantity orders can only be placed as Limit orders unfotunately.

11/18/2020 at 9:39 AM #150858 quote

Seb
Participant

Average

is this feature also available for Interactive Brokers accounts?

03/23/2021 at 8:24 AM #164992 quote

marcosmunozc
Participant

New

I would love to have this feature with BUY and SELL market orders, presetting a stop position and a percentage of the account. Risk management is key, and I think that it can make the difference between choosing another platform or PRT. The feature is already there with LIMIT orders, so I hope that it can be introduced soon for the rest of order types.
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