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Topic: Placing Time Release order X tics from MKT (6 messages, Page 1 of 1) |
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Moderators: VPfau | |||||
CWeber984 Posts: 226 Joined: Apr 24, 2012 |
I am implementing time release orders using the api. Lets say I have a MKT order with an attached stop and limit, and they are all set to release at the same time.
I use this api call: OECAPI()->SendLinkedOrders_3(draft,draft2,draft3); Is there any way I can get the attached stop and limit to move to specified X and Y tics from the MKT on release, rather than simply specifying their price? Thanks, CHW |
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VPfau Moderator Posts: 164 Joined: |
Chris,
currently we do not have such ability but we have plans to make this. I cannot provide any time estimations because it depends on other parts of our system. Thanks Vitaliy Pfau |
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CWeber984 Posts: 226 Joined: Apr 24, 2012 |
Thanks for the info Vitaly!
We look forward to this new api call, with an interest level of 9/10. CHW |
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CWeber984 Posts: 226 Joined: Apr 24, 2012 |
Hello API Support,
We requested this feature a year or so ago. Our interest in the feature remains 9/10. Current users request the ability to add a stop and limit to a time release order. This requested feature would help those STP/LMT orders to place succesfully and accurately. Currently, they are nearly always being rejected unless the market was trading in a sideways channel, or the STP/LMT are placed very far away from the MKT price. Also, it would very much increase the accuracy of the OCO STP/LMT orders users setup on current orders and positions, eliminating slippage. Do you have any timetable for implementing this feature? Thanks, Chris CHW
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CMicciche902 Posts: 367 Joined: |
As of current, we do not support this feature. I'll discuss in our next feature request meeting. Unfortunately, I cannot provide a time table since this feature is not in our development pipeline. You could locally manage this order in your software to use price quote at time release and then send OCO/OSO order with your desired profit target and stop loss.
Chris M
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CWeber984 Posts: 226 Joined: Apr 24, 2012 |
Thanks Chris,
Sounds great. We look forward to the outcome of the meeting. Chris Edited by CWeber984 on Oct 11, 2016 08:30 PM |
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