Support Board

Date/Time: Tue, 21 May 2024 02:52:39 +0000

Post From: How to ensure the proper tick placement of an automated order entry

[2018-11-02 00:33:16] Link To Thread - Link To Post [Go To First Post]
User689856 - Posts: 5
What is happening is that at a few times in the day the market does a sudden very fast move and this triggers my alert condition that is set to enter the limit at the close of the bar, but by the time the system enters the limit since the market was so rapid where it moves instantly up a few ticks within a split second my limit is placed a tick or two higher than the close of the bar where it was intended to be set because it seems to be chasing the price. Since these moments happen at random through the day I would prefer for my alert condition to not be placed higher (if a buy entry) than the original tick value that it was intended to be set (it's intended limit set location being the exact tick of the close of the bar that triggers it in the first place). I'm not concerned with what the limit gets filled as that isn't guaranteed of course, but I want to be sure that at the least the limit is entered at the exact close of the bar I want it to and no where else. Thanks