+1 888 340 6572 GET STARTED
MultiCharts Project Management
previous_open_issue.png
Go to the previous open issue
previous_issue.png
Go to the previous issue (open or closed)
star_faded.png
Please log in to bookmark issues
feature_request_small.png
Open Feature request MC-780

Entry Order Status GREEN in IB TWS for OCO

action_vote_minus_faded.png
0
Votes
action_vote_plus_faded.png
next_issue.png
Go to the next issue (open or closed)
next_open_issue.png
Go to the next open issue
Description

When placing a bracket order (Long and Short limit entry orders simultaneously) with MC the order status of both entry orders in IB's TWS is BLUE instead of GREEN (when placing bracket orders in TWS directly or with other software like Ninja Trader or BracketTrader it is also GREEN for good reason). The GREEN status is much more preferable than the BLUE as only with GREEN your orders get their place in the order queue of the exchange just in the moment the orders are placed (with BLUE they get their place in the order queue not until the limit price is touched). GREEN status is extremely critical for best execution, unfortunately too often for execution at all (with BLUE your order won't be executed and you miss the trade).

Steps to reproduce this issue

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 ;

Comments (0)
History
Issue basics
  • Type of issue
    Feature request
  • Category
    Not determined
  • Targeted for
    Not determined
  • Status
    Under Review
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
    Not triaged
Affected by this issue (3)
People involved
Times and dates
  • Posted at
  • Last updated
Issue details
  • Resolution
    Not determined
  • Severity
    Critical
Attachments (0)
There is nothing attached to this issue
Commits (0)
There are no code checkins for this issue
Duplicate issues (0)
This issue does not have any duplicates