Bracketed Orders on IB

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Bracketed Orders on IB

Postby chris_a_tn » 27 Jul 2014

When I attached a bracketed order (i.e. a stop-loss order attached to a buy stop order), the bracketed order is not being sent to IB without the MultiCharts program open and running. If the program is closed or loses connection, the original order is being sent without any stop-loss order going with it. Am I doing something wrong, or is this the only way for these orders to be sent properly?

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Alex MultiCharts
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Re: Bracketed Orders on IB

Postby Alex MultiCharts » 28 Jul 2014

Hello chris_a_tn,

If you attach Bracket Strategy to a Buy Stop order, Stop Loss and Profit Target will be sent to the broker only when the Buy Stop is triggered and executed.
And if you disconnect IB broker profile while the Bracket orders are still waiting for Buy Stop order execution, Stop Loss and Profit Target will not be on the chart after re-connection. These will be there only of they were sent to the broker and "Use Native OCO Group" option is enabled in IB Broker profile settings.

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