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Date/Time: Mon, 29 Apr 2024 02:02:55 +0000



Post From: Setting up OCO on the fly

[2019-04-15 03:10:59]
Merlin - Posts: 81
User19165, how about this:

Set up separate trade window configurations for each of your potential entry quantities - 1-contract entry, 2-contract entry, 3-contract entry, etc.
For each of these configurations, set up a separate OCO group on the "Targets" tab for each individual contract.
For example, if you're entering 3 contracts, set up the attached orders for that configuration as 3 separate OCO groups, each with its own single-contract stop and limit order - so you have a total of 3 stops and 3 limits attached to the trade - each controlling a single contract.
You can set these to go wherever you want initially - for example, one target is close, one is at a middle profit target, and one at an extreme profit target that you're not likely to hit, but it's sitting there out of the way until you decide to use it.
Once your entry is filled, as the trade progresses you can drag each of these around to wherever you want them to be.

Or you might just put all the limit orders at a safe distance away, say 2 ticks apart so they're easy to click-and-drag individually.
And then drag each one to where you want it to be once you're in the trade.

Would this work for your scenario?

Merlin
Date Time Of Last Edit: 2019-04-15 03:13:17