Your trading system was stopped because of minimum distance required by broker

• 06/15/2023 at 6:13 AM #216242
  arimasuyo3

  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

  

  arimasuyo3

  Participant

  Topics: 1

  Replies: 3

  Been thanked: 0 times
  06/15/2023 at 7:18 AM #216244
  GraHal

  arimasuyo3 wrote:

  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.

  1 user thanked author for this post.

  arimasuyo3

  

  GraHal

  Participant

  Topics: 204

  Replies: 8399

  Been thanked: 2041 times
  06/15/2023 at 7:25 AM #216246
  Nicolas

  Or check the checkbox that allow the broker to modify the stop according to their rules upon launching the strategy in ProOrder.

  1 user thanked author for this post.

  arimasuyo3

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4741 times
  06/15/2023 at 8:09 AM #216254
  PeterSt

  Nicolas wrote:

  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. 🙂

  

  PeterSt

  Participant

  Topics: 70

  Replies: 2287

  Been thanked: 695 times
  06/15/2023 at 8:17 AM #216257
  arimasuyo3

  Thank you for your answer
  I don’t have a perfect understanding
  We will check the content of your response.
  thank you

  

  arimasuyo3

  Participant

  Topics: 1

  Replies: 3

  Been thanked: 0 times
  06/15/2023 at 8:57 AM #216260
  GraHal

  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

  1 2	SELLSHORT 1 CONTRACT AT Low - 10 STOP SET STOP pTRAILING 50

   

   

  

  GraHal

  Participant

  Topics: 204

  Replies: 8399

  Been thanked: 2041 times
  06/18/2023 at 1:49 AM #216397
  arimasuyo3

  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.

  

  arimasuyo3

  Participant

  Topics: 1

  Replies: 3

  Been thanked: 0 times
  06/18/2023 at 1:51 AM #216398
  arimasuyo3

  Thank you for your detailed answer
  I understood most of it
  I will try it now
  thank you

  

  arimasuyo3

  Participant

  Topics: 1

  Replies: 3

  Been thanked: 0 times
  11/16/2023 at 11:30 AM #223803
  pointofbrew

  Where is this checkbox located at?

  

  pointofbrew

  Participant

  Topics: 4

  Replies: 22

  Been thanked: 5 times
  11/16/2023 at 12:01 PM #223804
  GraHal

  See attached

  1 user thanked author for this post.

  pointofbrew

  

  GraHal

  Participant

  Topics: 204

  Replies: 8399

  Been thanked: 2041 times
  11/20/2023 at 9:11 PM #223995
  pointofbrew

  GraHal wrote:

  See attached

  Looks like my IG version 11.1 don’t have those settings

  

  pointofbrew

  Participant

  Topics: 4

  Replies: 22

  Been thanked: 5 times
  11/21/2023 at 9:06 AM #224010
  GraHal

  Post a screenshot of the same screen that you see.

  

  GraHal

  Participant

  Topics: 204

  Replies: 8399

  Been thanked: 2041 times
  11/21/2023 at 7:06 PM #224091
  TempusFugit

  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

   

  

  TempusFugit

  Participant

  Topics: 41

  Replies: 232

  Been thanked: 65 times
  12/01/2023 at 6:42 PM #224696
  pointofbrew

  GraHal wrote:

  Post a screenshot of the same screen that you see.

  Sorry. Didn’t realize the checkbox is at the last step

  1 user thanked author for this post.

  GraHal

  

  pointofbrew

  Participant

  Topics: 4

  Replies: 22

  Been thanked: 5 times
• Author
  Posts