Posted: Sep 20, 2011 @ 09:25 AM             Msg. 1 of 3

Hello Victor

We are developing a new app for our customers and they require a trailing stop.

I put in a TrSTP order with the following results:

09:12:45.705 201864173 Command Create Buy 1 ESZ1 TrSTP 1203.75 TrailingStop, Ref price: 1204.00, Delta: 0.25
09:12:45.705 3397208 State Sent
09:12:45.729 3397209 State Rejected Invalid absolute offset

I thought that in order for this to work on a Buy, Reference Price had to be equal or greater than Price and Delta could be equal to 0 or greater.

On a SellShort, Reference Price had to be equal or lesser than Price and Delta could be equal to 0 or lesser.

I'm totally confused.
Regards
Thomas

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Regards Thomas

Posted: Sep 21, 2011 @ 08:18 AM             Msg. 2 of 3

Thomas,

what current price was at that time? Another thought - could you try to send Delta = 0, if Price differs from Ref Price in one tick?

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Victor Vins
Lead Software Developer

Posted: Sep 21, 2011 @ 09:55 AM             Msg. 3 of 3

Hello Victor
Last Command for the above was:
Buy 1 ESZ1 TrSTP 1203.75 TrailingStop, Ref price: 1204.00, Delta: 0.25

When I trade on Contract.CurrentPrice.LastPrice it is a successfull trade and shows trade made at MKT, however it is never stopped out.
Example from this morning:

SUCCESS:
09:43:36.180 3400728 State Working #2480515
09:43:38.400 201865284 Command Modify To: Sell Short 1 ESZ1 MKT TrailingStop, Ref price: 1195.75, Delta: 0.25
09:43:38.406 3400729 State Completed
09:43:38.445 3400730 Fill 1@1195.50
If I wish to do a Limit order, I get this.
FAILURE:
09:39:46.406 201865277 Command Create Buy 1 ESZ1 TrSTP 1199.00 TrailingStop, Ref price: 1198.75, Delta: 0.25
09:39:46.406 3400698 State Sent
09:39:46.480 3400699 State Rejected Wrong stop price of trailing stop order

Regards
Thomas

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Regards Thomas