Hi,
I've been using the Multicharts DOM with Interactive Brokers to place orders. I'm trading the ES so on globex.
I opened a short with an automatically attached bracket order. When the limit filled I got 2 ticks of positive slippage which would be impossible if the limit order was submitted to the exchange. Looking at IB I noticed that OCO orders created in IB are different to the bracket orders created from the DOM. When you submit an order from IB the status is shown as green indicating 'working on exchange' however from the DOM it is shown as blue indicating 'being monitored'.
Obviously there is a big difference in having orders held on the globex order book and having them monitored on my PC.
So is there any documentation which explains how various order types are handled?
Are bracket orders submitted to the exchange [SOLVED]
- Henry MultiСharts
- Posts: 9165
- Joined: 25 Aug 2011
- Has thanked: 1264 times
- Been thanked: 2957 times
Re: Are bracket orders submitted to the exchange
Hello Sir.
In MultiCharts go to File->Broker profiles->Manage->IB->Edit.
Please set the settings at it is shown on the attached screenshot.
We are working on an updated help file.
We are going to release it soon.
In MultiCharts go to File->Broker profiles->Manage->IB->Edit.
Please set the settings at it is shown on the attached screenshot.
We are working on an updated help file.
We are going to release it soon.
- Attachments
-
- IB broker profile.PNG
- (27.61 KiB) Downloaded 578 times
Re: Are bracket orders submitted to the exchange
Hi,
I am experiencing the same problem (bracket orders BLUE instead of GREEN) with the following signal code (as an example) for a bracket order (MC 7.4 Build 4906; IB TWS 921.5):
buy 1 contract next bar open - 10 points limit ;
sellshort 1 contract next bar open + 10 points limit ;
Checking the suggested boxes in Broker Profiles and doing the same in Signal Properties /Auto Trading /Settings / OCO Group did not solve the issue.
Any help would be very much appreciated, thank you.
I am experiencing the same problem (bracket orders BLUE instead of GREEN) with the following signal code (as an example) for a bracket order (MC 7.4 Build 4906; IB TWS 921.5):
buy 1 contract next bar open - 10 points limit ;
sellshort 1 contract next bar open + 10 points limit ;
Checking the suggested boxes in Broker Profiles and doing the same in Signal Properties /Auto Trading /Settings / OCO Group did not solve the issue.
Any help would be very much appreciated, thank you.
- Henry MultiСharts
- Posts: 9165
- Joined: 25 Aug 2011
- Has thanked: 1264 times
- Been thanked: 2957 times
Re: Are bracket orders submitted to the exchange
Please uncheck "Reduce OCO size" in MultiCharts->File->Broker profiles->Manage->IB->Edit.Hi,
I am experiencing the same problem (bracket orders BLUE instead of GREEN) with the following signal code (as an example) for a bracket order (MC 7.4 Build 4906; IB TWS 921.5):
buy 1 contract next bar open - 10 points limit ;
sellshort 1 contract next bar open + 10 points limit ;
Checking the suggested boxes in Broker Profiles and doing the same in Signal Properties /Auto Trading /Settings / OCO Group did not solve the issue.
Any help would be very much appreciated, thank you.
Re: Are bracket orders submitted to the exchange
Thank you, but unfortunately this does not work (orders stay BLUE).
(I checked this out with IB's test account but those should behave like real accounts.)
Any other idea? Thanks again.
(I checked this out with IB's test account but those should behave like real accounts.)
Any other idea? Thanks again.