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Open Feature request MC-261

Order Cancellation
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Description

Suppose we have a 60 min bar chart. it's known on each bar close we have the ability to generate new orders, and if we are in automated trading, this order are sent to our broker. Suppose that our system wants to take a market posistion only between 10:00 a.m. and 20:00 p.m. even if the market can be traded between 00:00 a.m. and 23:00 p.m. Well, in this scenario you write

if 1000 < time and time < 2000 then buy next bar StopValue stop;

The problem is that after 20:00 the previous stop order should be removed from the broker to prevent any filling after the specified time.

Now that's not possible and while on the chart nothing is filled, the same could not happen on the broker side. You understand that is not acceptable.

We need a ClearAllPending keyword.

Steps to reproduce this issue

You can try it on a Demo IB Account. Try to write in your PLEditor

if time < AnyTime then buy next bar SomeValue stop;

Make sure the order have a low probability to be filled, i.e. choose a stop price large, and afetr AnyTime is past look to pending orders at the broker side. They still there.

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Issue basics
  • Type of issue
    Feature request
  • Category
    Not determined
  • Targeted for
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  • Status
    Under Review
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
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Affected by this issue (3)
People involved
  • Posted by
    user-offline.png Matteo
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Issue details
  • Resolution
    Not determined
  • Severity
    Critical
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