nice to meet you
I am accessing from Japan
When I executed the strategy with proorder, it was displayed as failed, and when I checked the details, I was able to confirm the following message. Please tell me the meaning and workaround for this message.
”Your trading system was stopped because it tried to place a stop order below the minimum distance required by your broker.”
By the way, the program is
“SELLSHORT 0.1 CONTRACT AT 10 STOP”
“SET STOP TRAILING 5”
Thank you
place a stop order below the minimum distance required by your broker.”
Find out the minimum distance for the Instrument you are trading (you don’t mention it) and adjust your code so that you are not placing Pending Orders withing that minimum distance.
So if minimum distance is 6 then that is why “SET STOP TRAILING 5” (5 from price this means) is getting rejected.
Or check the checkbox that allow the broker to modify the stop according to their rules upon launching the strategy in ProOrder.
Or check the checkbox
You could be correct, but that doesn’t feel right to me. At least I don’t see it working like that in practice. I mean :
That checkbox is for correction when circumstances depict that you set a coincidental Pending Stop (not even a Trailing Stop as far as I can tell) too close to the price. Coincidental : By the time the Stop is set in the next bar, the price could have dropped to a value that the distance has become too close. The helptext to the checkbox (for me) clearly shows what you see happening in practice. This is the part about “PRT will try to set your original distance when possible”. This correction is attempted during on estimate 1 second or so. During that period you see the Stop label move along with the price.
Setting it too close on purpose (like 4 when 5 is the minimum) would lead to anomalies and for sure not what your strategy intends (which would be 4 and which would never be met).
I stand corrected where needed. 🙂
Thank you for your answer
I don’t have a perfect understanding
We will check the content of your response.
thank you
arimasuyo3 while you are thinking, try below to see if it solves the Order Rejection …
SELLSHORT 1 CONTRACT AT Low - 10 STOP
SET STOP pTRAILING 50
thank you for your answer
I understand a little
As a reason that I can not fully understand the content of your answer
I myself feel the need to study the basic knowledge of trading more.
Thank you for your detailed answer
I understood most of it
I will try it now
thank you
Where is this checkbox located at?
See attached
Looks like my IG version 11.1 don’t have those settings
Post a screenshot of the same screen that you see.
Hi all,
As PeterSt commented that checkbox doesn´t work for that kind of error, at least it didn´t for me in the past. I have tried several times and never seem to be any difference
Post a screenshot of the same screen that you see.
Sorry. Didn’t realize the checkbox is at the last step
