STOP order on Binance spot market

Questions about MultiCharts and user contributed studies.
M-Carlo
Posts: 2
Joined: 24 Jun 2022

STOP order on Binance spot market

Postby M-Carlo » 24 Jun 2022

Hello, so, i have strategy with stop order but in onlime mode is impossible to use it! Really binance spot market reject these kink of order? i can´t belive it! how it is possible?

example code ;

Code: Select all

if marketposition>0 then sell ("SL") next bar at LSL STOP;
or:

Code: Select all

if condition1 and condition2 and t>=startH and t<=endh then begin if (EntriesToday(Date[0]))<1 then buy ("EL") MySize shares next bar at LEL STOP;
These are 2 simple examples, in offline mode all work good but in online mode (on binance spot market) i get this error message :

multicharts response: {"code":-1013,"msg":"stop loss orders are not supported for this symbol."}.

a very clear message but please tell me that it depends on my incorrect setting of something ...

thank you.

M-Carlo
Posts: 2
Joined: 24 Jun 2022

Re: STOP order on Binance spot market

Postby M-Carlo » 28 Jun 2022

I asked the question and now I give the answer :

First don´t change your strategy code with stop order.

You only go to Signal > property > Auto trading

Inside the Auto trading tab find "price order emulations" and at the voice "Stop Order" select "emulate locally using trade and send a market order"

That´s all.


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