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Open Feature request MC-1023

Order Sends Order (OSO) order types

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9
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Description

Please consider adding the ability to create various staged order types. For example, spread/pairs trading is further aided by allowing for various positions to be taken in multiple instruments at the same time vs manually putting on the positions from the order bar or the DOM

Steps to reproduce this issue

Tradestation has the ability to create customer OSO/OCO, MC does not yet.

Comments (2)
#0
user-offline.png  Ulich05 (Ulich05)
Jun 21, 2012 - 08:14

not sure how i placed this under MC 7.4, shoudl be under 8+

#1
user-offline.png  Harrison (harrisonprogramming)
Aug 25, 2017 - 09:03

OSO orders (Order-Send-Order), particularly those native ones provided by brokers, offer another level of real-time trading risk control, because the position will be protected by exit orders as soon as the entry order is filled, regardless if the user platform is connected to the brokers or not. Furthermore, OSO orders reduce the complexity of automation algorithms on the user side. MultiCharts do NOT need to implement OSO for all brokers, just those which provide OSO feature.

OSO is an important feature that would make the MultiCharts.Net TradeManager functionality and thus MultiCharts.Net platform even more attractive to users.
History
Issue basics
  • Type of issue
    Feature request
  • Category
    Usability
  • Targeted for
    Not determined
  • Status
    Under Review
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
    Not triaged
Affected by this issue (2)
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Issue details
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    Not determined
  • Severity
    Normal
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