Bracket Exit Order issue with TT

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pmat
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Bracket Exit Order issue with TT

Postby pmat » 18 Jun 2013

Hello,

I'm having the following error when I enter an order through the DOM and got filled :

Instrument: YMU3; Order: Buy StopLimit 1; Status: Rejected; Reason: From Gateway: Stop price maxi-mini must be greater than or equal to trigger price


Orders were short orders, with this auto exit strategy (see attached picture).

So the stop loss was cancelled, whereas the take profit was OK.


Many thanks in advance for your help.
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piranhaxp
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Re: Bracket Exit Order issue with TT

Postby piranhaxp » 18 Jun 2013

Please be aware of possible necessary multiplier on the price with TT. When I developed my own execution tool with signals from MC to TT I had the exactly same error message, till I realized there is a need of a multiplier in connection to TT.

Maybe TS missed it on that one ... Maybe not.

Mike

pmat
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Re: Bracket Exit Order issue with TT

Postby pmat » 18 Jun 2013

Thanks Mike,

I will look into this direction.

What is strange is taht I had no trouble with the other side of the OCO order (take profit).

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Re: Bracket Exit Order issue with TT

Postby piranhaxp » 18 Jun 2013

Ah, now I got it. I'm sorry.

Seems like there is an error in the routine, because after the fill on exit there is no further entry price (so = 0) and MC don't get it .... But one question, when you put in the entry order, both exits (target & stop) were added in one time ? May there is a update routine of the limits which collide with the 0 position after an update (target filled) and the error message pops up.

Mike

pmat
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Re: Bracket Exit Order issue with TT

Postby pmat » 18 Jun 2013

Hi Mike,

yes both (SL & TP) orders are sent to the broker at the same time.

I'm surprised to have such an issue as I use the built-in Exit Strategy (the first one, starting from the left).

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Re: Bracket Exit Order issue with TT

Postby pmat » 18 Jun 2013

Another strange behaviour : sold 1 contract @15267 with bracket order (SL -20, TP +40),

the SL order was sent @15298 immediately executed @15268, TP sent for 15200 ??? and cancelled after SL execution.

I've been using SC for almost a year and never had such a mess.

This was my first day back with MC (after leaving for the same troubles with orders not correctly reported, etc.. and lost hundreds of $).

Last one ?


MC Support, please find enclosed trades and log reports.
MultiCharts64 Version 8.5 Release (Build 6778)
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pmat
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Re: Bracket Exit Order issue with TT

Postby pmat » 19 Jun 2013

MC support, any help ?

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Henry MultiСharts
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Re: Bracket Exit Order issue with TT

Postby Henry MultiСharts » 19 Jun 2013

Hello pmat,

TT does not support stop orders. Stop orders are automatically converted into stop limit orders with unknown price by broker on their end. That is what happened in your case-stop order was converted into stop limit, executed, as brackets were in OCO group-original profit target order has been cancelled.

That is possible to send stop limit order instead of stop order in bracket exit strategy in order to have the order with the price you have specified and not with TT random price. To do that right click on bracket order exit strategy->Edit->More parameters->Stop Loss as:Stop limit. That will workaround unsupported TT stop orders.
Instrument: YMU3; Order: Buy StopLimit 1; Status: Rejected; Reason: From Gateway: Stop price maxi-mini must be greater than or equal to trigger price
This message is sent by the broker. Please contact your broker directly to learn what that means and what is the allowed price offset.

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Re: Bracket Exit Order issue with TT

Postby pmat » 19 Jun 2013

Hello Henry,

thank you for your answer.

I believe it could be useful to mention that in the Wiki, either about TT feed or/and bracket orders.

Is TT the only feed with this limitation ?

What other feed would you recommend : CQG ?

Best regards.

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Henry MultiСharts
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Re: Bracket Exit Order issue with TT

Postby Henry MultiСharts » 20 Jun 2013

pmat, all functionality peculiarities are already mentioned in the respective wiki articles:Trading Technologies broker profile.
All Broker Profiles
All Built-in Data Sources


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