Re-send the last stop & limit order in autotrader

Questions about MultiCharts and user contributed studies.
ppan
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Re-send the last stop & limit order in autotrader

Postby ppan » 14 Jun 2009

Although there is an option to tell MC the default position in Auto Trade, I also want the MC has an option to re-send the last stop & limit order.

SUPER
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Postby SUPER » 15 Jun 2009

ppan,

I am a bit confused with your request, please can you explain what is the prupose for this feature.

Regards
Super

ppan
Posts: 106
Joined: 31 Jan 2007
Has thanked: 2 times

Postby ppan » 15 Jun 2009

For example, my system use 1 hour bar chart. If the market start at 9:00, the system will generate a stop order at 10:00 for 10:00-11:00. Then the system will generate another stop order at 11:00 for 11:00-12:00. If I start to auto trade the system at 10:30, the system will not re-send the stop order of 10:00 to IB. Then I have to wait the system to generate the next stop order at 11:00.
I want the MC to re-send the 10:00 stop order to IB if the stop order is not hit when I start the auto trade at 10:30.

SUPER
Posts: 624
Joined: 03 Mar 2007
Has thanked: 99 times
Been thanked: 80 times

Postby SUPER » 16 Jun 2009

ppan,

if you convert your system to work in IOG mode then as soon as you start automation, it will fire your order on the next tick provided your conditions are valid.

IOG systems are not easy/simple to program though.

Regards
Super


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